Automatic, a SiriusXM company that brings the power of connectivity to most cars on the road, announced the acquisition of PayTollo, a mobile payment platform for toll roads and bridges that gives both drivers and Toll Authorities a streamlined payment option.
PayTollo’s GPS Toll Recognition Technology algorithm and user interface delivers the ability to notify, verify, and charge a user for toll crossings. PayTollo is currently an accepted payment option for tolls in Florida and California. PayTollo simplifies the tolling experience, from paying tolls across different toll roads and bridges to account management and billing, all through the use of the PayTollo mobile app.
For Toll Authorities transitioning to All-Electronic Tolling, PayTollo can reduce costs, time needed to collect funds, DMV look-ups, billed invoices, and enables real-time verification.
Originally posted on Auto Rental News