The easiest way to get paid
for vehicle services
With Car IQ merchants and service providers are assured of receiving payment quickly and without dispute.
How Car IQ Works
Car IQ has created a payment solution for vehicles. Through our underlying technology, KYM, vehicles are able to transact autonomously with approved merchants and service providers.
Car IQ’s technology authenticates and verifies each vehicle, this verified identity acts as the authorization for vehicles to transact ensuring dispute free transactions. Our technology also validates delivery of goods or service and facilities payment between the vehicle and merchant.
Eliminate Fraud and Dispute
As a preferred merchant disputes around goods and services rendered are all but eliminated. Our technology validates delivery to the vehicle upon your request for payment. This allows both parties to trust the goods or service was delivered and reconcile the payment.
Know Your Machine: Efficient Payment Process
Car IQ's underlying technology is based on a patented machine identity verification "Know Your Machine" (KYM) software technology, which enables vehicle authentication, enabling goods and services rendered to be paid for, quickly and efficiently without the need to manually send invoices and collect overdue payments.