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

  • 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.
  • Lyft sells AV unit to Woven Planet for $550m
    April 29, 2021
    Ride-hailing giant Lyft will work with Toyota-backed Woven Planet on fleet data
  • How Covid has impacted transportation
    May 2, 2022
    How have Covid-induced changes in transportation impacted health? And how can transport companies mitigate these effects? Soheil Sohrabi of S-Plus-M and Texas A&M University explains
  • Enel X & Arrival aim for zero
    June 20, 2022
    Electric bus undergoes testing in Italy as public transport agencies face demand to go green