Eonx signs partnership to launch payments product

Executive Summary

• Eonx Technologies Inc. has entered into a partnership agreement with PartsCheck to launch "PartsPay," an integrated payment and loyalty solution for the automotive industry.
• The solution leverages Eonx’s Global Technology Solution (GTS) platform to allow business customers to earn loyalty points when paying supplier invoices and engaging in promotions.
• The partnership serves as a strategic blueprint for Eonx’s planned international expansion into the United States automotive repair market.

Key Details

• Partnership Structure: Eonx Technologies Inc. signed an agreement with PartsCheck, a leading online automotive parts sourcing platform operating in Australia and New Zealand.
• Product Launch: The collaboration launches "PartsPay," a fully integrated payment solution with embedded loyalty features powered by Eonx’s GTS platform.
• Value Proposition: The solution enables business customers to earn points when paying supplier invoices, covering business expenses, or engaging with supplier promotions.
• Market Context (Australia/New Zealand): PartsCheck operates within Australia's motor vehicle body, paint, and interior repair industry, which generated $9.7 billion AUD ($6.3 billion USD) in revenue for the 2024 to 2025 period.
• Strategic Expansion: The deployment on the GTS platform establishes a blueprint for Eonx’s international rollout into the United States, targeting the US automotive repair industry valued at over $68 billion USD annually.

Notable Quotes

• Andrew Kallen, Eonx President and Group CEO: "We are thrilled to partner with PartsCheck on this groundbreaking solution set to redefine 'payments and loyalty' across the automotive industry. This partnership positions our transformative technology with business impact, empowering the automotive industry whilst supporting PartsCheck on its journey to add further value to its vast customer offering."
• Andrew Kallen, Eonx President and Group CEO: "For Eonx, this deployment on our GTS platform paves the way for our international rollout into the Unites States, establishing the blueprint to service the much larger USA automotive repair industry, valued at over $68-billion (U.S.) annually."