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PassTime GPS Tracking Solutions Verizon LTE

PassTime and Megasys Announce Integration Partnership

LITTLETON, Colorado—May 16, 2018—PassTime®, a leading provider of GPS Solutions and Megasys, a leading provider of complete loan servicing systems for the consumer finance industry announced today the companies have completed a software integration project.

With the new integration project complete, customers will be able manage their PassTime GPS products using the Megasys *Omega Originations & Servicing System*. This will streamline the process of setting up new accounts and performing many of the PassTime system functions from one system.

“We are proud to add Megasys to our growing list of integrated DMS partners.  They are certainly one of the best in the industry,” said PassTime President and COO Chris Macheca.

Buy-Here-Pay-Here dealers and finance company customers use PassTime’s GPS solutions to protect their assets, enhance collection processes and reduce delinquencies and repossessions.  PassTime, which has been in business for over twenty five years, prides itself on providing high-quality and reliable products to the vehicle financing industry along with unmatched 24/7 live customer care for its customers and consumers.

Clients will be able to manage an asset directly within the Megasys Originations and Servicing systems. The seamless real-time integration allows customers to perform several PassTime functions including location, enable/disable and notification services.

“We are excited to partner with such a reputable company in the industry,” said Theo Austin, President & CEO of Megasys.” The integration with PassTime was developed to support customer demand for Megasys clients that have been utilizing their services.

The companies mentioned that the integration is complete and is commercial available.

For more information please contact PassTime at 877-727-7846 or info@passtimegps.com

About PassTime

PassTime GPS has been in business for more than 25 years in the global transportation industry. Its wireless GPS telematics products are available for multiple sectors of the automotive industry including auto dealers, auto finance companies, auto leasing companies, insurance companies and fleet transportation providers. Its products are available in the USA, Canada, Europe, Latin America, Asia Pacific and the Middle East. The company designs, engineers, manufactures and distributes its own products and has more than 25 patents protecting its technology.

About Megasys

Megasys is the leader in complete loan servicing systems for the consumer finance industry for over 35 years. Megasys provides customizable software platforms for finance companies of every size, from startup businesses to major corporations.  Their clients service 2 million active accounts and have processed over 1 million applications, with $8 billion in transactions. Omega is a user–friendly browser–based solution that streamlines account servicing operations.  Their total solution includes loan origination, loan servicing, collections, reporting, and document storage. Omega includes integrated and intuitive General Ledger and Accounts Payable systems with drill–down capability, making Omega the most complete package available for a consumer finance company.

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