Free Essay

Toyota vs Honda Payment Method

In: Business and Management

Submitted By kaiyi
Words 795
Pages 4

Payment Options

Toyota Financial Services offers you the following payment methods.

Pay Online

This flexible, free and convenient service allows you to schedule payments online using your bank account. You can schedule a one-time or recurring payment.

To use Pay Online, you'll need your full bank account number, including your bank's routing number.

To start using Pay Online, follow these steps:

1. Log in to your TFS Account.
2. Click "Payments" at the top and then on "Enroll in Online Payments".

If you have not already signed up for a TFS Account, Register Now .

Automatic Payments

Sign up for the TFS AutoCheque Program, and your monthly vehicle payment is automatically deducted from the bank account you designate. Just fill out an application and we'll get you started.

Download an AutoCheque Form in PDF format. To view PDF files you will need Adobe Acrobat ReaderTM

Payment by Mail

Mail your check along with your statement to the payment address listed on the monthly statement.

If your statement is not available and you are not sure where to send your vehicle payment, see Where to Mail Your Payment for address details.

Payment by Phone

Our automated phone payment system will walk you through the steps needed to make a payment. You can make a payment 24 hours a day by calling (800) 874-8822.

There may be a convenience fee associated with phone payments. For further details and program Terms and Conditions, consult the Toyota Telephone Payment System Customer Authorization in PDF format. To view PDF files, you will need Adobe Acrobat ReaderTM.

Account Information

Account information is available 24 hours a day by calling (800) 874-8822 or by signing up for an online account .


Payment Options

With Honda Financial ServicesSM, you control the way you pay your monthly bill. From online transactions to automatic debits, we make it easy for you to pay your bill, your way.

• Pay Online • Pay Automatically with EasyPaySM • Pay by Phone with Western Union SpeedPay® • Pay by Mail • MoneyGram

Pay Online
You can review your monthly statement and make a one-time payment online. Log in to your account to make a payment.

Don't have an account? Register now for account access.

Pay Automatically with EasyPay
No more stamps, no more checks, no more worrying about remembering to send in your payment. EasyPay automatically transfers funds from your checking or savings account each month to make your monthly payment. Your payments are on time, every time. And you don't have to do a thing.

Log in to enroll online through your Honda Financial Services account. If you don't have an online account, it's easy to register.

To enroll by mail, complete the EasyPay Enrollment form on the back of your statement or print an Authorization Agreement and return with your next payment.

Note: Any incidental charges on your statement, such as property taxes, registration fees, parking tickets, etc., will need to be paid separately.

Pay by Phone with Western Union SpeedPay
Call Western Union SpeedPay at 1-800-366-8500 to deduct a monthly payment from your checking account. Using Western Union SpeedPay does not result in automatic monthly payments. You must call each time you wish to authorize a payment.

There is a small transaction fee for each Western Union SpeedPay payment. Please read the Terms & Conditions for Western Union SpeedPay.

Call 1-800-366-8500 to enroll. You will need: • Your Honda Financial Services account number • The last 6 digits of your Social Security number • Your checkbook • A pen

Pay by Mail
For customers who prefer to send a monthly payment, simply return the payment coupon from your monthly statement along with your check or money order. You can find your Payment Address here.

Make a same day payment at any one of MoneyGram's convenient locations. MoneyGram charges a fee for this service and for most locations the payment will need to be made in cash, but some locations will accept a debit card payment. To find a MoneyGram location, and to view their full terms and conditions, please visit

For this payment you will need: • Your Honda Financial Services Account Number • Your receive code of 1888

| | | | | | |
| |Online |Automatically |Mail |Phone |MoneyGram |
|Company | | | | | |
|Payment methods | | | | | |
|Toyota | | | | | |
| |√ |√ |√ |√ |X |
|Honda | | | | | |
| |√ |√ |√ |√ |√ |
| | |(with EasyPay) | |(with Western Union | |
| | | | |SpeedPay) | |

Roles and Responsibility

Name: Liew Kai Yi
Task: Payment Methods
I am responsible for the comparison of payment methods of Toyota and Honda.I have done some online research regarding different types of payment methods used by Toyota and Honda company.I have also done some comparison between them.I learn about different types of payment while completing my task in this assignment.
Toyota payment methods.19 November 2015 URL
Honda payment methods.19 November 2015

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