C O C O O N
Paying with Cocoon is fast, safe and secure.
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Cocoon's platform enables automotive, healthcare and travel retailers to reduce payment processing costs by >75% vs. traditional card-based alternatives.
Customer experience is at the heart of everything we do at Cocoon. Our platform makes it simple, safe and secure for your customers to make payments directly from their bank accounts.
Our innovative platform automates the entire payment and reconciliation process. This can be managed from our portal or via an API integration into your CRM/DMS, providing more time to focus on growing your business.
For many automotive retailers, taking either deposit or balance payments from customers is a cumbersome process, requiring outbound phone calls, bank transfers and manual reconciliation. Automotive retailers use Cocoon to automate this process and provide a seamless experience for their customers.
How it works
Cocoon was started with a simple mission in mind: use superior technology to remove the complexity from taking payments. Gone are the days of manual bank reconciliation and taking card details over the phone.
Cocoon is built around Open Banking technology that has only recently become available. This technology opens up new payment opportunities, reducing costs and simplifying the customer journey.