Awards & Press Coverage
At Payment Assist, we’re proud of the recognition our work has earned.
For over a decade, drivers and businesses have been benefitting from our 0% interest car repair finance. Thanks to a simple model and bank-backed lending, we’ve featured extensively in awards competitions and across the media.
Here, you can read about our awards and press coverage as the FCA-regulated flexible finance provider trusted by thousands of UK garages, dealerships, workshops and tyre fitters.
Awards
Recognition from across the credit and automotive industries for the way Payment Assist and its partners deliver fair, flexible finance.
Winner: Best Technology Partnership, Lending & Credit, Credit Connect Industry Awards 2026
Payment Assist and DebtStream were named winners of the Best Technology Partnership, Lending & Credit award at the 2026 Credit Connect Industry Awards.
Launched in 2024 to showcase excellence across the credit, lending and collections sectors, the awards judge entrants above all on the customer outcomes their innovations deliver. There were more than 100 entries from over 75 companies shortlisted in 2026.
The win acknowledges the digital technology partnership between Payment Assist and DebtStream and the smoother, fairer customer journeys it has created.
Finalist: Finance Provider of the Year, Motor Trader Independent Dealer Awards 2026
Payment Assist was shortlisted as a finalist for Finance Provider of the Year at the Motor Trader Independent Dealer Awards.
The awards are run by Motor Trader Magazine and celebrate the best of the UK’s independent dealer sector, as well as the supplier partners whose products and service help those businesses grow.
The nomination pays tribute to the role Payment Assist’s interest-free plans play in helping independent dealers win aftersales work and support their customers.
Finalist: Finance Provider of the Year (Commercial), Motor Trader Commercial Industry Awards 2026
Payment Assist was shortlisted as a supplier finalist for Finance Provider of the Year (Commercial) at the Motor Trader Commercial Industry Awards.
These awards recognise excellence across the UK’s commercial vehicle industry. The shortlisting highlights the value of flexible finance in the commercial sector, where keeping vans and light commercial vehicles on the road is essential to keeping businesses moving.
Featured by the
Best of the Best.
Press Coverage
Read all about us in the news:
from award wins and major partnerships to milestones and industry comments.
2026:
AMOnline · 7 Aug 2026
A new digital tool designed to give drivers detailed insight into a car they own or are considering buying has been launched by Payment Assist.
Motor Trader · 5 Aug 2026
Managed through Opteven’s proprietary online portal, the process is delivered digitally, with paperwork sent to the customer for electronic signature.
Motor Trader · 15 Jul 2026
BNPL officially becomes an FCA-regulated product, and Marcus Gregory marks the milestone, explaining why formal protections are a welcome change for drivers using flexible payments in automotive aftersales.
Motor Trade News · 13 Jul 2026
Diamondbrite maker Jewelultra teams up with Payment Assist to offer zero-interest BNPL on its paint protection coatings, helping motorists spread the cost of keeping their vehicles in top condition.
Garage Talk Online · 29 Jun 2026
CEO Marcus Gregory explains why fewer than a third of independent garages offer flexible finance and how BNPL can help drivers approve essential repairs as living costs continue to climb.
Motor Trade News · 20 May 2026
Payment Assist surpasses £1bn in customer transactions, having helped more than one million motorists spread the cost of MOTs, servicing, tyres and repairs through its 8,000-strong partner network.
Aftermarket Magazine · Apr 2026
Writing in Aftermarket Magazine, Marcus Gregory explores how rising living costs are pushing drivers to delay repairs and why flexible finance is becoming a valuable sales tool for independent garages.
AM Online · Apr 2026
Payment Assist cuts its rate to 4.5% across all 3-month plans, helping dealerships, garages and tyre fitters lift conversion rates and offer customers fairer, more accessible finance options.
Motor Trader · 4 Mar 2026
With FCA regulation of BNPL confirmed for 15 July 2026, Marcus Gregory welcomes clearer disclosures, proportionate affordability checks and stronger protection for customers using flexible finance.
Bodyshop Magazine · Jan 2026
Bodyshop Magazine asks whether Buy Now, Pay Later could be a golden opportunity for bodyshops, helping customers approve essential repair work while unlocking new revenue for the repair sector.
Tyre Trade News · 24 Jun 2026
Point S UK partners with Payment Assist to give its independent network access to FCA-regulated, interest-free payment plans, with 3- and 6-month options at preferential rates for members.
DirectorsTalk Interviews · 2026
Manx Financial Group CEO Douglas Grant discusses the group’s 2025 results, 12% deposit growth and Payment Assist’s strong performance, alongside the outlook for 2026 and plans for Irish expansion.
Payment Assist expands automotive finance solutions
Bodyshop Magazine · 16 Jun 2025
Payment Assist launches a business lending division spanning business loans, merchant cash advances, invoice finance and business credit cards, backing garages, dealerships and workshops as they grow.
Nissan targets more service plan business with new launch
Motor Trader · 16 Jun 2025
Payment Assist partners with Car Care Plan to power the Nissan Instant Service Plan, giving Nissan drivers a simple, interest-free monthly way to pay for manufacturer-backed servicing.
How BNPL helps maximise tyre safety
AutoScene · Oct 2025
AutoScene’s ‘Tread safely’ feature looks at how interest-free BNPL is helping motorists replace worn tyres sooner, keeping vehicles roadworthy while household budgets remain under pressure.
Payment Assist drives trust in automotive finance
AM Online · 2025
An AM Online feature on how Payment Assist builds trust in automotive finance through FCA regulation, transparent interest-free plans and long-standing partnerships with garages and dealers.
Payment Assist and eDynamix partner to deliver integrated payment platform for UK dealerships
Motor Trade News · 30 Apr 2025
Payment Assist becomes the official finance partner for eDynamix’s exstoPay suite, letting UK dealerships manage card payments, Open Banking and BNPL from a single, integrated platform.
TyreSafe reveals 2025 award winners and celebrates united commitment to tyre safety
Tyre Trade News · 11 Jun 2025
TyreSafe names its 2025 award winners, with official supporter Payment Assist sponsoring the Tyre Manufacturer of the Year category won by Pirelli for its safety education and product innovation.
Acquisition of the remaining 49.9% interest of PAL
Financial Times Markets / RNS · 16 Sep 2024
Manx Financial Group completes the accelerated £5m acquisition of the remaining 49.9% of Payment Assist, making the business a wholly owned subsidiary of the AIM-listed banking group.
Manx Financial Group acquires a 50.1% stake in Payment Assist
Conister Bank · 17 May 2022
Manx Financial Group, owner of Conister Bank, agrees to acquire a 50.1% controlling stake in Payment Assist, bringing the fast-growing automotive finance provider into the banking group.
Openpay to acquire Payment Assist
Open Briefing · 22 Jun 2021
ASX-listed fintech Openpay announces a proposed acquisition of Payment Assist, underlining the strength of the company’s position in the UK’s automotive Buy Now, Pay Later market.
PECUVi announces landmark partnership with Payment Assist to boost customer experience
PECUVi · 27 Oct 2020
Personalised video provider PECUVi integrates Payment Assist into its My Service Trust platform so customers can view repair videos, approve work and spread the bill interest-free in one journey.
Frequently Asked Questions
What awards has Payment Assist won?
In 2026, Payment Assist and DebtStream won the Best Technology Partnership, Lending & Credit award at the Credit Connect Industry Awards. Payment Assist was also shortlisted as a finalist for Finance Provider of the Year at the Motor Trader Independent Dealer Awards and for Finance Provider of the Year (Commercial) at the Motor Trader Commercial Industry Awards.
Is Payment Assist regulated, and who owns the company?
Yes. Payment Assist is regulated by the Financial Conduct Authority (FCA) and is a wholly owned subsidiary of Manx Financial Group PLC, the AIM-listed financial services group that also owns Conister Bank. Payment Assist has publicly welcomed the FCA’s new Buy Now, Pay Later rules, which came into force on 15 July 2026.
How many customers has Payment Assist helped?
Payment Assist passed £1 billion in customer transactions in May 2026, having helped more than one million UK motorists spread the cost of MOTs, servicing, tyres and essential repairs since launching in 2013. It works with a network of over 8,000 garages, dealerships, workshops and tyre fitters nationwide.
