Carwow Wallet

Secure payments designed for dealers

Why it’s the best way to pay

FAST

Pay sellers, finance houses, and more instantly. Save time on the back and forth with finance by funding one account for multiple purchases.

EASY

Pay the seller, buyers fees, and transport costs all in one-click, using cash or optional stock funding. Withdraw funds any time, and use the Wallet on your own terms - no fees if you choose not to use it.

SECURE

100% FCA compliant and powered by Airwallex, with two-factor authentication. You control access for your team - ensuring top-tier security.

How the Wallet works

To pay for your Carwow auction wins it's as easy as:

Organise collection of the vehicle. We can take care of it with Carwow Collects, or you can choose to collect it yourself.

Confirm the final agreed price with the seller and make any price adjustments on the payment page, then pay your way - using your own funds, or stock funding from NextGear Capital.

Simply authorise payment with a secure one-time passcode, and leave everything else to us – paying the seller, finance houses and Carwow fees in seconds.

Set up your Carwow Wallet

Steps to get started

1.) Sign up

2.) Complete your KYC

To ensure compliance and security for all users, you'll need to submit a Know Your Customer (KYC) check. This is a regulatory requirement where you'll provide key information about your business.

3.) Get bidding

Browse, bid and buy in our daily auctions. When you're ready to complete a purchase, use your Carwow Wallet for a hassle-free transaction.

And we're just getting warmed up

FREE

to sign up
£190m+

worth of payments securely transacted
ZERO

fees when you choose not to use Carwow Wallet

Powered by FCA-compliant, global payments provider

What dealers are saying

ACCOUNTS LOVE IT

"Accounts love it. There are no more payment requests going back and forth between Sales and Accounts, or having to rush back to a desk just to release funds for a vehicle we’re purchasing."

Arbury Group

SAVED US MASSIVE AMOUNTS OF TIME

"This new payments structure is a very welcome addition to Carwow’s auctions. It’s saved us massive amounts of time and resource that we can now invest elsewhere, whilst also enhancing the experience for the private sellers."

Fords of Winsford

HELPS US PROVIDE EXCEPTIONAL SERVICE

"...it creates a much smoother customer journey. Once I’ve paid for a car, I can speak to the customer, confirm payment straight away, and thank them for their business all in one call. It saves time, reduces hassle, and helps us provide exceptional service.”

Scott Stenning

Operations Director, Arbury Group