Skip to main content

PayComplete targets transport transactions

FinTech IoT platform aims to provide transit fare and parking fee reconciliation
By Adam Hill January 29, 2021 Read time: 1 min
PayComplete: IoT platform (© Pop Nukoonrat | Dreamstime.com)

PayComplete, the former cash management division of international financial technology (FinTech) group Suzohapp, has launched as a separate brand aimed at the transport sector among others.

It provides cash management and payment reconciliation systems to transit operators and transportation authorities as well as payment technology for fare collection and parking worldwide. 

PayComplete's Internet of Things (IoT) platform, called Connect, is aimed at self-service financial transactions running on devices including point-of-sale systems, kiosks and digital payments devices.

With Covid-19 making physical cash handling less attractive, and the IoT making devices such as smartphones into payment points, PayComplete believes its services are a good fit.

“PayComplete will go forward as a company centered around an IoT software platform for financial transactions," said CEO Jurgen Leijdekker.

“Our software, devices and services enable businesses to build tailored solutions for customer transactions – centered around devices such as kiosks, virtual tellers, self-check-out solutions, vending, or cash management systems.”

Its kiosk platform, Connect Cube TM, is designed to connect self-service financial transactions and PayComplete says it combines traditional payment solutions for back office and OEMs with a range of software solutions.

The company has 1,000 employees in 19 countries.

For more information on companies in this article

Related Content

  • Geotoll’s payment app could be the smart answer to tolling interoperability
    July 30, 2013
    Jon Masters looks at a smartphone app which could be the ‘disruptive technology’ that eases the way to interoperability in tolling systems. Consumer demand may soon drive the biggest step change yet in tolling. In the United States a new start-up company, Geotoll, has launched a smartphone app for electronic toll payment. It is not beyond possibility that rapid growth of the market for smartphones will continue – an estimated 50% of US citizens and 80% of Europeans now have one – and that the Geotoll brand
  • Bhatt: 'Critical opportunity' for cybersecurity
    July 22, 2021
    ITS America CEO Shailen Bhatt tells US Senate funds are needed to 'manage vulnerabilities'
  • Christian Haas, PTV: 'Be optimistic, innovative and strong'
    May 27, 2020
    Christian Haas joined PTV as chief executive in November last year after a career spent on the technology side of the financial services industry. Adam Hill asks him about how the transport and mobility industry will be reshaped in the wake of the global coronavirus pandemic
  • Keys to the Kingdom
    May 1, 2025
    Saudi Arabia is investing heavily in smart infrastructure projects. Zeina Nazer takes a look at them – from Riyadh Metro to the controversial ‘vertical urbanism’ of The Line