Car IQ and Verra Mobility have joined forces to provide their fleet clients with a complete toll payment solution.
Car IQ will expand its services beyond fuel and parking payments by partnering with Verra Mobility, which provides toll management and smart mobility technology solutions, according to a press release issued on Tuesday, December 6.
According to Car IQ CEO Sterling Pratz, “operating with Verra Mobility allows us to provide fleets with a single solution for all payment modes.” “Our relationship with Verra Mobility expands our payment suite to simplify and accelerate the tolling experience for our partners while offering bundled mobility payment services in addition to the nationwide gasoline and parking that are already available through Car IQ Pay,” the business states.
According to the announcement, fleets that don’t often use tollways will be safeguarded from toll violations by having their license plates registered with toll agencies nationwide and handling the timely, direct payment of tolls.
As per press release, Car IQ Pay fleets will also have a billing platform that enables payments for a variety of services supporting the fleet’s back-end accounting systems.
“We are thrilled to be partnering with Car IQ to enable more commercial fleets direct access to toll roads, reducing toll violations, streamlining vehicle transactions, and providing an innovative approach to better manage the total cost of fleet ownership,” said Verra Mobility Executive Vice President of Commercial Services Steve Lalla in the release.