How it works for car rental

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Learn how it works with car rental companies

Cardoo for Car Rental

FINANCIALLY STABLE

Our goal is to cover the excess costs of the car rental business, stabilize it, and make it more attractive to clients

DepositFree

Your competitive advantage

DepositFree: It's easy to get started

to calculate the monthly security deposit amount required to cover ongoing monthly deals. You could suggest DepositFree as an additional option for your clients or apply it to your entire fleet, with DepositFree included in the rental price.

1. MEET US

we'll sign an Agreement with your company and provide our DepositFree calculator. Following your Rental terms, we'll cover all deposit-related cases such as damages, fines, empty fuel tanks, or extensions. The partnership is free, with all data kept secure for you and your clients.

2. PARTNER WITH US

Cardoo will provide you with a physical or virtual credit card for security deposit purposes for each rental location. You will use cards instead of your clients' cards for placing deposits.

3. YOU RECEIVE BANK CARDS

We'll provide your car rental company with marketing materials, including email, messenger, and social media campaigns, all tailored to your brand. Launch the campaign and enjoy an increase in conversions of up to 10% in-store and up to 25% online!

4. MARKETING MATERIALS

is paid by the client, which is 0.8% of the deposit amount per day for short-term rentals (up to 2 weeks). For long-term rentals, the fee is based on a regressive scale. By paying this small fee, your clients can experience a stress-free ride and spend their money on activities instead of tying it up in a security deposit.

5. DepositFree FEE

When a client returns a car, document any damages as usual and ask the client to pay for them on the spot. If the client refuses, immediately charge the Cardoo card, and the file is closed.

6. IN CASE OF DAMAGE OR FINE

How to integrate

On-counter solution

Whether you're a car rental with a fleet of up to 1500 cars or simply looking to test our DepositFree solution, our web page is an ideal solution. The system automatically calculates the DepositFree fee, which you add to the rental amount. We'll cover all deposit-related cases during the rental, including any fines that may be received later.

API integration

Add the DepositFree option to your online booking module, with assistance from the Cardoo team for API integration. On-site and in-app DepositFree option provenly brings up to 25% more orders from your clients.

Get Started with DepositFree

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© 2023 Cardoo Cyprus Ltd
Reg number 434654
Sotiri Michailidi & 28 Oktovriou
LOPHITIS INTERNATIONAL CENTRE
7th floor, 3035 Limassol, Cyprus
+357 94 460361