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Computop partners with Toll Collect

Friday 31 March 2023 13:00 CET | News

International payment service provider Computop has partnered with Toll Collect to handle the payment processing for the latter’s Germany-based customers’ truck tolls.

 

Following the start of the HGV toll in 2005, Toll Collect has transferred over EUR 85 billion to the federal budget, and currently, approximately 85% of the revenue is collected on the basis of card payments. As per the press release information, this business is set to be entirely migrated to Computop by 2024, as the company has won the Europe-wide tender for ‘technical services in electronic payment transactions’ of Toll Collect. 

Customers are enabled to log in via the automatic procedure leveraging the onboard unit, the customer portal, or the Toll Collect app, with the payment process being exclusively digital.

Computop, Toll Collect collaboration details

The announcement details that Computop has been involved in the payment processing of the HGV toll from 2016 onwards, and for the implementation of this contract, it is linking up an additional 16 European fleet cards to the already existing 10 ones. This portfolio covers approximately 95% of the entire fleet card market and, additionally, there is a payment option via the relevant credit cards. Toll Collect expects a total volume of approximately 240 million transactions on a yearly basis.

International payment service provider Computop has partnered with Toll Collect to handle the payment processing for the latter’s Germany-based customers’ truck tolls.

As per the press release information, the following fleet cards are set to be integrated into the Computop Paygate platform by the end of 2024: 

  • American Express - Eurowag - Ressa

  • Aral / BP - FDE - RMC ServiceCard

  • AS24 / Total Energies - Global Star - Statoil

  • DKV - Hoyer Card Europe - SVG

  • E100 - LogPay - TND

  • ENI / Agip - Mercedes Service Card - Trasposervizi

  • Esso - Multiservice - UTA

  • Euroshell - OMV - Vialtis

  • Eurotoll SAS - Plose

The contract with Computop is set to run initially for a four-year period and includes an option for extension, with the company being Toll Collect’s prospective partner for the future integration of additional ecommerce payment methods.

Commenting on the announcement, Ingo Knütter, Project Manager Payment, Toll Collect advised that through payment processing through Computop, the company is creating modern processes for its customers of approximately 225,000 transport and logistics companies from over 40 countries, with around 1.2 million trucks, and is looking forward to continuing developing ‘frictionless’ payment together.

Adding on this, Stephan Kück, Managing Director of Computop advised that the deepened cooperation with Toll Collect is set to enable Computop to expand its offering around toll, fleet cards, and mobility.

For more information about Computop, please check out their detailed profile in our dedicated, industry-specific Company Database.


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Keywords: partnership, payments , B2B payments, tolls, digital payments, card payments, payment processing, ecommerce, payments infrastructure, card scheme, credit card, payment methods, cross-border logistics, mobility, fintech, PSP, payment gateway
Categories: Payments & Commerce
Companies: Computop, Toll Collect
Countries: Germany
This article is part of category

Payments & Commerce

Computop

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Toll Collect

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