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, “working with Verra Mobility allows us to provide fleets with a single solution for all payment forms.”
“Our partnership with Verra Mobility expands our payment suite to simplify and expedite the tolling experience for our partners while delivering bundled mobility payment services in addition to the nationwide gasoline and parking that are currently offered through Car IQ Pay,” the company says.
Fleets that do not frequently use tollways, according to the statement, would be protected from toll violations by having their license plates registered with toll agencies countrywide and managing the prompt, direct payment of tolls.
According to the press release, Car IQ Pay fleets will also have a billing platform that allows payments for a range of services while also supporting the fleet’s back-end accounting systems.
“We are excited to be partnering with Car IQ to provide more commercial fleets with 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 a press release.
