Payment-assist.co.uk is the official website for Payment Assist, a leading UK financial services provider that specializes in “Buy Now, Pay Later” (BNPL) solutions for the automotive industry. Founded in 2013 and headquartered in Melton Mowbray, the company is designed to help motorists manage unexpected vehicle expenses—such as emergency repairs, MOT failures, or new tyres—by spreading the cost over interest-free monthly installments. In late 2024, the company was acquired by the Manx Financial Group, further strengthening its position as a major player in the point-of-sale finance sector.
The platform is integrated with over 8,500 garages, dealerships, and national chains (including Formula One Autocentres and National Tyres) across the UK. For typical repairs under £1,000, the service usually requires a 25% deposit on the day of the work, followed by three equal monthly payments, all with 0% interest and no hidden fees. The website provides a portal for both customers to manage their accounts and businesses to join the network, emphasizing a 98% acceptance rate and a “soft” credit check process for smaller amounts that does not impact a user’s credit score.