View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
September 17, 2019

Bango, AE Tolls partner to offer toll road payment service in US

UK-based mobile commerce company Bango has teamed up with AE Tolls to enable American drivers transfer road toll charges on their monthly phone bills.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

The service, called tapNpay, was launched with a US-based mobile operator providing another channel of payment traffic through the Bango Platform.

It uses Direct Carrier Billing, offering a faster alternative to pay road toll charges.

The collaboration taps untagged users whose details are not updated in motor vehicles database. It will enable toll agencies to offer drivers an accessible payment method, thereby lowering uncollected toll revenue.

Bango will utilise its Bango Boost technology to assess behaviour and identify avenues to boost growth in payments.

The technology leverages machine learning techniques to optimise conversion rates in mobile payments and minimising failed payment attempts.

Bango VP of payments Maria Vidondo said: “This new source of end user spend brings significantly different spending behaviour to the Bango Platform for analysis.

“Toll road mobile payments combine a unique mix of subscription type behaviour for regular journeys and high volume peaks during rush hours and events.

“Bango Boost has been helping operators increase spend in app stores for many years and now its machine learning capabilities will also help operators and AE Tolls to maximise revenue for this new type of payment traffic, by steering drivers to the best form of payment.”

According to IBTTA data, the US toll agencies generated more than $21bn in electronic toll revenue last year. Untagged users accounted nearly $6bn of the total amount.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International