Automatic acquires PayTollo platform for tolls and bridges

US-based connected vehicle services company Automatic has acquired toll payment platform provider PayTollo. PayTollo’s GPS toll recognition technology algorithm and user interface allows a driver to be notified, verified and charged for toll crossings. The mobile app is expected to assist toll authorities in transitioning to all-electronic tolling by reducing costs and the time needed to collect funds. It will also enable real-time verification. Abenezer Yohalashet, the former CEO of PayTollo and now
October 17, 2018 Read time: 2 mins

US-based connected vehicle services company 8884 Automatic has acquired toll payment platform provider PayTollo.

PayTollo’s GPS toll recognition technology algorithm and user interface allows a driver to be notified, verified and charged for toll crossings. The mobile app is expected to assist toll authorities in transitioning to all-electronic tolling by reducing costs and the time needed to collect funds. It will also enable real-time verification.

Abenezer Yohalashet, the former CEO of PayTollo and now head of tolling for Automatic, says the partnership will accelerate the growth of PayTollo and provide a tolling solution for drivers more quickly across the country.

The deal will allow Automatic, a SiriusXM, company, to expand its driver services which include crash alert, roadside assistance, real-time vehicle location and monitoring and sharing, vehicle health and performance monitoring, recall notifications and service reminders

According to SiriusXM, these services are enabled by Automatic’s adapter and mobile application which allow most vehicles from 1996 or later to become connected vehicles.

Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Study finds big differences in toll collection cases
    December 16, 2013
    Examination of Norway’s tolling companies finds much to praise, and some criticisms too, as Torill Eidsheim told delegates at the ASECAP conference. The cost of collecting tolls has a substantial effect on the profitability, or otherwise, of tolling companies and is within the company’s control to a far greater degree than, for instance, traffic volumes. And while it is easy to assume that all tolling companies incur similar collection costs, that is not always the case according to Torill Eidsheim, pres
    Read More
  • Stocchi takes on transatlantic tolling tasks
    March 20, 2017
    We talk to Emanuela Stocchi, the first overseas-based female president of IBTTA and well placed to view tolling on both sides of the Atlantic. As incoming president of the International Bridge, Tunnel and Turnpike Association (IBTTA), Emanuela Stocchi aims to bolster the ‘international, mobility and connections’ elements of the US-based tolling organisation.
    Read More
  • What will MaaS look like in 2031?
    October 25, 2021
    The next decade will see the humble trip planning app transformed by machine learning and AI, revolutionising the way we move around and interact with each other, says John Nuutinen of SkedGo
    Read More
  • Panasonic in Colorado: Rocky mountain way
    December 3, 2018
    Panasonic is at the heart of a C-V2X project which began last year in Colorado. The company’s smart mobility boss Chris Armstrong tells Adam Hill how it is working out Colorado needs traffic and transport solutions – and fast. The US state’s population has grown 50% in the last 20 years and another 50% hike is predicted in the next 20. It also spends more than $13 billion in roadway crash costs each year. In 2015, 546 people died in traffic-related crashes, and more than 3,000 were seriously injured.
    Read More

Highlighted Content