Taking a Toll: Car IQ, Verra Mobility Offer Payment System

Car IQ Inc. announced a partnership with Verra Mobility that will expand the company’s current offerings beyond fuel payments to provide fleet customers with a complete toll payment suite, according to Car IQ's news release.

Car IQ’s partnership with Verra Mobility will allow fleets to connect with tolling solutions via Verra Mobility’s network and pay without the use of a credit or debit card. With Car IQ Pay, fleets will now have a billing platform that facilitates payment of multiple types of services supporting a fleet company’s back-end accounting systems.

“Working with Verra Mobility allows us to provide fleets with a single solution for all payment types,” said Sterling Pratz, CEO at Car IQ. “Our collaboration with Verra Mobility enhances our payment suite to improve and streamline the tolling experience for our partners while offering bundled mobility payment services along with nationwide fuel and parking that is currently available through Car IQ Pay today.”

Car IQ added that it will now offer new payment services that provide toll violation protection for vehicles that do not normally use tollways by registering license plates nationally with toll agencies and managing the on-time, direct payment of a fleet’s tolls, to avoid violations, penalties or additional fees from a managing toll agency. 

“We are delighted to be partnering with Car IQ to enable more commercial fleets direct access to toll roads, reducing toll violations, simplifying vehicle transactions, and providing an innovative approach to better manage the total cost of fleet ownership,” said Steve Lalla, EVP of Commercial Services at Verra Mobility. “We are always focused on simplifying mobility challenges for fleets and are excited to explore future endeavors.”