OPENLANE enables transparent local-currency payments, making used car wholesale easier than ever

Tienen, 24 June 2026 – OPENLANE announces the rollout of local-currency payments across Europe, enabling professional buyers on its marketplace to view prices and pay for vehicles transparently in their own currency. By removing manual conversions and unexpected exchange costs, this new capability delivers clearer pricing, potential savings and faster checkout for buyers on the openlane.eu marketplace. This feature is now available for Polish and Czech customers, with additional markets launching soon.

The OPENLANE platform will now instantly display the highest current bid in the buyer’s preferred currency, with a fixed exchange rate applied from the start of the auction, while also displaying the euro price as a transparent reference. This helps avoid additional conversion costs and reduces the need for costly international bank transfers.

Beyond pricing transparency and cost savings, payments will also be faster. Czech buyers can pay directly in CZK, Polish buyers can pay directly in Polish Zlotys with fewer steps, helping them complete transactions faster and get back to buying.

By bringing transparent local-currency pricing and payments to our marketplace for cross-border transactions, we’re taking the guesswork out for our Czech and Polish buyers, so they can plan margins better, move faster and reduce avoidable costs,” says Grainne van Berkum, President at OPENLANE Europe.

Czech and Polish buyers can now enable their local currency in their account settings and set it as their default currency. Once enabled, buyers can view current bids, fees and taxes in CZK and Polish Zlotys and complete payments through a fast, simple and transparent flow.
A phased rollout is planned for additional markets across Europe in the coming period.

About OPENLANE Europe

OPENLANE Europe, a business unit of global vehicle remarketing and technology solutions provider OPENLANE (NYSE: OPLN), makes used car wholesale easy for its customers so they can be successful. The company seamlessly connects OEMS, Fleet owners, wholesalers, and dealers with buyers in more than 50 countries across Europe. Its robust online car marketplace reduces risk, improves transparency and streamlines transactions. Headquartered in Belgium, OPENLANE Europe has sales operations in Belgium, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom. For more information, visit openlane.eu.

About OPENLANE Inc.

OPENLANE, Inc. (NYSE: OPLN) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. Our innovative products and services deliver a fast, fair and transparent experience that helps customers make smarter decisions and achieve better outcomes. Headquartered in Carmel, Indiana, OPENLANE has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest OPENLANE news, visit corporate.openlane.com.