Way.com Teams Up with IWS Acquisition Corp to Provide Savings Via Credit Unions
Way.com, America's leading auto super app, has recently announced a significant partnership with IWS Acquisition Corporation (IWS), a trusted name in vehicle protection solutions. This collaboration aims to revolutionize the way credit union members approach car ownership by providing access to the Way+ membership program, designed to alleviate the financial strains associated with vehicle expenses. Through this innovative partnership, credit unions across the nation will now be able to offer Way+ memberships as an exclusive benefit to their members. This initiative is poised to help many Americans save money on essential vehicle-related costs, including parking fees, car washes, fuel, and electric vehicle (EV) charging. By integrating Way+ into their existing services, credit unions can both enhance member engagement and promote financial well-being.
Adam Hardt, Vice President of Way+ Memberships at Way.com, underscores the importance of this initiative: "At Way.com, we believe that car ownership should be more affordable for every American. Through our partnership with IWS, we're making it easier for credit union members to save on everyday vehicle expenses, with the goal being they have peace of mind on the road."
On the other hand, IWS emphasizes that this partnership aligns with its mission of prioritizing its customers' financial welfare. Eric Wikander, President of IWS, noted, "Offering the Way+ membership to our Credit Union partners is another way that the IWS mission of 'People First, Products that Work' improves the financial well-being of credit union members. By offering Way+, we provide Credit Unions an innovative way to help members cut costs and make car ownership expenses more manageable."
The Way+ membership program is tailored to bring substantial savings to its users. Members can potentially save hundreds of dollars each year through a variety of benefits. These include access to cashback offers, vehicle protection services, and exclusive discounts that make owning a vehicle feel more predictable and less taxing on personal finances. As everyday expenses continue to rise, these benefits are likely to resonate with those looking for relief amidst widespread economic uncertainties.
For credit unions interested in incorporating the Way+ membership into their offerings, IWS is inviting them to reach out for more details. Michael Leon at IWS is the point of contact for institutions looking to explore these member benefit opportunities. This partnership not only offers dynamic savings but also aims to bolster the overall financial security of credit union members, encapsulating the essence of community support in the automotive realm.
In greater context, Way.com has positioned itself as a front-runner in the FinTech sphere dedicated to car ownership solutions, attracting nearly 9 million drivers who seek various services in one accessible location. The portfolio encompasses competitive auto insurance rates, state-of-the-art parking resolutions, high-quality car washes, roadside assistance, and much more. This unified approach to vehicle management has resulted in significant savings for users, especially noted in the company’s 2024 fiscal performance.
IWS has been a standout player in the vehicle protection industry for over three decades, applying its extensive knowledge to support credit unions with solutions that encompass vehicle service agreements and mechanical breakdown insurance among others. This steadfast dedication to customer care allows IWS to contribute towards members having peace of mind against unexpected vehicle repair costs, thus elevating the standards of service within credit unions.
Overall, the partnership between Way.com and IWS Acquisition Corporation presents a crucial opportunity for credit unions to enhance their value proposition, delivering noteworthy savings and services to their members. As car ownership becomes a more significant aspect of daily life for many, such initiatives are essential in maintaining accessibility and affordability.