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

  • Argo AI Lidar to help realise ride-hail AVs
    May 12, 2021
    Argo collaborating with Ford and Volkswagen on development of autonomous vehicles
  • Shaking up the taxi market with smarter ride requests
    February 24, 2016
    Timothy Compston looks at the rise of Uber and ride request mobile apps. There is little doubt that the advent of Uber has come as major shock to established taxi operators and has caused regulators, cities and DOTs to rethink current regulations so they can keep pace with the changing dynamics of the marketplace.
  • Integrating ferry transport into smart ticketing
    March 1, 2013
    Transport authorities are increasingly looking to integrate ferry travel into the mix of public transport. David Crawford finds out more. The new A$370m (US$398m) Opal public transport smartcard system being installed by the Cubic Transportation Systems (CTS)-led Pearl consortium in Sydney is geographically the largest in the world to date. The consortium includes the Commonwealth Bank of Australia; Australian retail payment system provider ePay; Australian infrastructure engineering company Downer Group; a
  • Varying acceptance of tolling in Africa
    January 6, 2016
    Tolling technology is now at an advanced state but governments have a key role in ensuring the success of schemes as is evident in Africa. Shem Oirere reports. According to the African Development Bank, the continent has an estimated $46bn of infrastructure financing deficit. The bank says sub-Saharan Africa requires $93bn annually to meet its infrastructure development needs - but only half of the financing is available.