Ödero and Otokar partner to digitalize payment and collection processes

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Ödero, the online payment brand of Token Ödeme Hizmetleri ve Elektronik Para A.Ş., part of the Koç Group — which marks its 100th anniversary this year — has entered into a strategic partnership with Otokar. Through the partnership, Ödero is digitalizing payment processes for Otokar’s dealer network, making transactions faster, more secure, and easier, while also delivering a financially advantageous payment experience.

Ödero, the online payment solutions brand of Koç Group, and Otokar, one of Türkiye’s leading automotive manufacturers, have entered into a comprehensive partnership aimed at digitalizing payment processes. Under the partnership, Ödero is strengthening Otokar’s corporate payment infrastructure while streamlining processes for the company’s dealer network and customers through solutions that offer a fast, secure, and flexible payment experience.

Speed, control, and operational efficiency in collection processes

Built on Ödero’s strong technological infrastructure, the Dealer Collection Solution offers Otokar round-the-clock online collection capability, requiring no integration. Through this digitalized process, the solution reduces Otokar’s collection days and simplifies cash management, allowing faster access to collections and more efficient management of net working capital. Through features such as detailed income-expense and collection reports and suspicious transaction monitoring, the solution digitalizes and simplifies the work of finance teams, while also contributing positively to dealers’ risk-collateral balance.

The solution Ödero offers dealers allows Otokar dealers to collect vehicle pre-sale payments and vehicle maintenance-service fees with installment advantages, without having to enter into separate agreements and reconciliation processes with banks. In addition, thanks to the integration of Otokar’s dealer incentive system with Ödero, incentive amounts are automatically applied to payment plans, allowing more favorable installment terms to be offered to customers. The convenience Ödero provides reduces the workload of Otokar dealers while increasing their sales volume.

An easy, fast payment experience for customers

Through Ödero, customers’ payment processes at Otokar dealerships are being digitalized. Customers can make fast and easy payments through a secure digital payment infrastructure, from wherever they choose, and can also take advantage of installment payment options valid across all banks. The fast, secure payment infrastructure shortens transaction times at dealerships, contributing to customer satisfaction.

Commenting on the Ödero-Otokar partnership, Token Ödeme Hizmetleri ve Elektronik Para A.Ş. General Manager Hande Sarıdal said: “At Ödero, drawing on Koç Group’s expertise in technology and finance, we develop payment solutions that can be customized to the needs of different sectors. Today, businesses need technologies that speed up not just their sales processes, but also their collection operations, while boosting efficiency. The payment and collection solutions we’ve developed with this need in mind benefit the parent company, dealers, and end customers alike, enabling payment processes to be managed more effectively end to end through high security standards and a strong technical infrastructure.”

Otokar Deputy General Manager (Commercial Vehicles) Kerem Erman said the company continues to roll out innovative solutions tailored to customer needs, adding: “At Otokar, we stand by our customers — aiming to create value not only through our vehicles, but also through solutions that simplify business processes and access to financing. Through our partnership with Ödero, we aim to offer our customers speed and convenience in the vehicle purchasing process, while also making our dealers’ sales and collection processes more efficient.”

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