BILT PAYMENTS LLC

BILT Payments LLC Revolutionizes Auto Maintenance with Smart Drain Pan Solution

New York, NY – October 26, 2023 – BILT Payments LLC, a forward-thinking fintech company based in the heart of New York City, today announced a game-changing addition to the automotive maintenance landscape: a smart transmission fluid drain pan designed to streamline the oil change process and significantly reduce workshop mess. While perhaps not the flashiest tech, this seemingly simple tool, now integrated with BILT’s payment and reconciliation platform, is set to become a workshop staple. For years, auto shops have wrestled with the sticky, messy business of draining transmission fluid. Traditional drain pans are awkward, prone to spills, and require manual tracking of fluid volume – all leading to wasted time and potential environmental concerns. BILT Payments, known for its innovative solutions in payment processing and business tools, has quietly been developing a solution, teaming up with mechanics and workshops to create something truly useful. “We saw a real pain point in a traditionally overlooked area of auto repair,” explains Alex Johnson, CEO of BILT Payments LLC. “Everyone's focusing on electric vehicles and fancy diagnostics, but the basics – like changing fluids – still need improvement. Mechanics were telling us they were spending way too much time dealing with messy spills and inaccurate fluid measurement. We thought, ‘There has to be a better way.’" And they’ve delivered. Introducing the BILT Smart Drain Pan The BILT Smart Drain Pan isn't just a container; it’s a complete system. Here’s what sets it apart: Integrated Volume Measurement: Forget eyeballing it. The pan features a highly accurate digital scale and volume indicator, providing mechanics with a precise reading of the drained fluid. This ensures correct fluid replacement and avoids overfilling – a common and potentially damaging mistake. Spill-Proof Design: Featuring high sides and a secure locking lid, the pan drastically reduces the risk of spills, keeping workshops cleaner and safer. No more slippery floors or wasted fluid. “We really focused on making something that’s tough and won’t tip over easily,” Johnson adds. Durable Construction: Built from heavy-duty, chemical-resistant polypropylene, the BILT Smart Drain Pan is designed to withstand the harsh environment of an auto shop and last for years. It can handle all types of transmission fluids without degrading. QR Code Integration & BILT Payments Platform: This is where BILT Payments’ expertise shines. Each drain pan features a unique QR code. When the fluid draining is complete, a mechanic can scan the QR code with a tablet or smartphone. This automatically logs the fluid type and volume into the BILT Payments platform. Automated Reporting & Reconciliation: The platform then seamlessly integrates with the workshop’s invoicing and accounting systems. It automatically generates reports on fluid usage, waste disposal, and revenue, simplifying reconciliation and ensuring accurate billing. Waste Tracking & Environmental Compliance: Workshops can now easily track the volume of waste fluid they generate, helping them comply with environmental regulations and reduce disposal costs. “We’re helping shops be more responsible and environmentally friendly,” Johnson states. Beyond the Pan: The BILT Ecosystem The BILT Smart Drain Pan is more than just a standalone product. It's a component of BILT Payments’ broader vision for streamlining automotive maintenance. The company is developing a suite of tools designed to connect every aspect of the repair process, from diagnostics to invoicing to payments. “We’re building a platform that simplifies everything for auto shops,” Johnson explains. “Our goal is to free up mechanics to focus on what they do best – fixing cars – and let us handle the administrative tasks.” Early Adopters Praise the System Several auto shops across the country have been testing the BILT Smart Drain Pan for the past few months, and the feedback has been overwhelmingly positive. “This thing has saved us so much time and mess,” says Mark Thompson, owner of Thompson’s Auto Repair in Chicago. “No more guessing how much fluid we’ve drained, and the QR code integration with our billing system is a game-changer. It’s seriously improved our efficiency.” Another shop owner, Sarah Chen of Chen’s Automotive in Los Angeles, adds, “The pan is really well-made and easy to use. But the biggest benefit is the accuracy. We’re confident we’re replacing the correct amount of fluid every time, which protects our customers’ vehicles and builds trust.” Availability and Pricing The BILT Smart Drain Pan is available for purchase starting November 15, 2023, through the BILT Payments website (www.biltpayments.com) and select automotive supply distributors. The pan is priced at $79.99, and BILT Payments offers a subscription service for access to the full platform and automated reporting features. About BILT Payments LLC BILT Payments LLC, located at 31 Bond St Apt 6, New York, NY, 10012-2782, United States, and reachable at 217-420-5144, is a fintech company dedicated to developing innovative solutions for the automotive industry. We focus on streamlining business operations and improving efficiency through technology. Our mission is to empower auto shops to provide better service and build stronger customer relationships. We’re not just building tools; we're building a better future for the automotive industry.

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