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

  • Verra Mobility to buy Redflex for $113m
    January 22, 2021
    Deal is set to go through in May and will create 'enhanced global reach', says Verra
  • Huawei advocates for change
    April 23, 2025
    Achieving technological change also requires a shift in mindset, as Jacky Wang, vice president of Huawei’s Smart Transportation business unit, explains
  • Moovit points users to Beryl services 
    February 23, 2021
    The partners say better connecting people with micromobility services will take cars off the road
  • Growth of contactless parking payment systems
    May 22, 2012
    Wave and pay credit and debit cards have arrived. In the parking sector, authorities and operators quick to accommodate new contactless payment technology are already benefitting We’re on the edge of a contactless revolution,” declares Parkeon’s parking director for the UK and Ireland Danny Hassett. Parkeon reports a groundswell of customers gravitating to contactless credit and debit card payment for parking, and the company is by no means alone in this. Use of ‘wave and pay’ technology is on the verge of