Mercedes-Benz Langley Prevents $21,219.17 Fraud Attempt with Kimoby Pay
Mercedes-Benz Langley avoided a costly fraud attempt with Kimoby’s secure mobile payment solution, all while making payments easier and more secure for their customers.
Results
$21,219.17 fraud attempt successfully prevented
Kimoby Pay’s fraud detection flagged a significant fraudulent transaction which saved Mercedes-Benz Langley from a costly loss.
52% of customers now choose to pay on their phone
The convenience and security of mobile payments have made a strong impact, with more than half of customers now opting to settle their invoices through Kimoby Pay.
“With Kimoby Pay, we don’t have to second-guess payments anymore. It gives us one less thing to worry about.”
Luis Lopes
Service Manager at Mercedes-Benz Langley
The Challenge
A vehicle with two flat tires and minor accident damage was towed to Mercedes-Benz Langley. The customer preferred handling everything online, including paying remotely and picking up the vehicle after-hours.
The combination of remote payment and an after-hours pick-up raised concerns for the dealership. If the payment turned out to be fraudulent, they risked losing both the vehicle and the money through a chargeback, leading to a major financial loss.
The Solution
To mitigate the risk of fraud, Mercedes-Benz Langley turned to Kimoby’s secure mobile payment solution, Kimoby Pay, with built-in fraud detection features.
When the customer attempted to complete the payment remotely with a stolen credit card, Kimoby Pay’s advanced encryption and real-time validation was able to instantly flag the transaction as suspicious.
Thanks to this, the dealership was able to block the transaction and ensure the vehicle wasn’t released.
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