The ON TIME system is a legal electronic payment protection unit that uses microprocessor-based technology to turn credit-challenged prospects into paying customers who pay in a timely manner.
ON TIME through the PromptPay system, will remind the vehicle operator when payments are due, and it will disable the vehicle if payments are not made
The ON TIME Electronic Receipt Book is an integral part of PromptPay's service delivery. The miniature computer is installed into financed vehicles for the term of the loan. ON TIME requires from the customer that they enter a 6 digit "receipt code" into an under-dash keypad following each scheduled instalment date. Receipt codes are the finance company's electronic signature confirming that a scheduled payment has been received. Following a due payment date, if a receipt code is not entered into ON TIME during the allocated grace period, the vehicle becomes immobilised. To remobilise the vehicle the customer must first catch up any missed payment and enter the required receipt code.
The operation of the On-Time keypad is very simple.
3 days before the vehicle is disabled, the number 3 on the key pad will flash, reminding the customer that he/she is on their final 3 days.
2 days before the vehicle is disabled, the number 2 on the key pad will flash, reminding the customer that he/she is on their final 2 days.
1 day before the vehicle is disabled, the number 1 on the key pad will flash and the device will beep. This reminds the customer that they are on their last day; within a 24 hour period, the vehicle will not start.
After the due date and grace period has been spent there is a further 24 hours "Emergency" code available.
If you have any further questions please contact us