AUSTIN TEXAS – December 16, 2020, PlusPass™, Inc. announces the ability for cash-based Users to travel all-electronic toll roads while still paying cash for their tolls. PlusPass™ just released a new app update which provides cash Users an option to fund their account with cash or debit through any participating retailer. The User simply downloads the PlusPass™ app from their respective app store, takes a picture of their license plate, and then is provided the option to fund their account by associating a credit card or taking their phone to a participating retailer where they can use cash to fund their account. The User pulls up a barcode within the phone app, the cashier will scan the barcode and the User can add any amount to the account, between $15 and $500. A $2 fee applies to each reload. PlusPass™ allows untagged, infrequent, and now cash-based toll road and Express Lane Users a simple and convenient method to pay tolls using their smartphone. The first of its kind, the PlusPass™ app has been successfully operating since 2013 with expansions into states across the U.S. Most recently, PlusPass™ expanded into North Carolina and Florida’s Turnpike Enterprise roads through direct connections to each tolling agency.
Shannon Swank, Chief Marketing Officer of PlusPass™ stated, “This is an important step in our strategy to provide agencies and Users alike, additional payment methods for tolling, parking, and other in-vehicle purchases. The PlusPass™ app solves a number of challenges as the demand for mobility payments and electronic toll collection expands across the country.”
“App, Snap, & Drive!”
The PlusPass™ app is free to download and is available on the Apple and Google Play stores. Signing up is simple: users take a photo of the vehicle’s license plate, associates payment, or prefunds the account using cash at any participating retailer, then drives the road. Once registered, Users are not required to interact with their phone, or even have it in the car while driving. We call this “Hands Free Currency®”.
User Cost Savings, Operational Efficiencies, and Convenience
PlusPass™ also assists Toll Operators with an option for easily capturing a guaranteed payment from Users who wish to drive the road but do not have a transponder. PlusPass™ Users save time and money with no paper bills in the mail and no late fees or fines. For the Toll Road Operator, the PlusPass™ system mitigates the risk of unpaid tolls while avoiding costs associated with print, mail, and postage fees. Funds are available to the Operator through guaranteed tolls, immediately.
About PlusPass™
PlusPass™ is a Texas Corporation and Fintech company focused on providing consumer payment options for in-vehicle, Pay In Motion™ (PIM) transactions including tolling, parking, and other commercial markets. PlusPass™ leverages retail efficiencies and secure, proven payment platforms to deliver convenient, cost-effective solutions to consumers and operators alike. PlusPass™ provides self-managing payment and account options through its PlusPass™ and BancPass Toll Sticker solutions. PlusPass™ also provides opportunities for third-parties to license its patented technology.
For more information, contact:
Shannon Swank | Chief Marketing Officer | 512.971.9741 | Shannon.swank@bancpass.com
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