Founded in 2014, Payment Assist Ltd was initially established to help vehicle owners manage unexpected repair costs by allowing them to spread the payment over several months without interest or fees. The company's core business model involves paying the merchant (e.g., a garage) upfront for the service and collecting the amount from the customer in interest-free installments. This service helps customers with cash flow while increasing sales for the merchants. The company has since expanded its services beyond the automotive sector into other retail areas.

Founded in

United Kingdom