TSD, a provider of vehicle management software and technology, and Rent A Toll (RTL), a technology services company specializing in automated toll payment solutions, have formed a partnership and will build an electronic interface between TSD and RTL affiliates.
"Our focus has always been on creating ways for our customers to operate more efficiently and profitably, and this interface is an example of something that both improves operations for the rental company and improves the rental experience for the customer," said TSD President and CEO Charles Grieco. "An RTL interface eliminates the issues associated with rental car customers driving through tolls or incurring other toll-related fees, which means rental companies no longer have to worry about recouping those fees from their customers."
TSD customers who subscribe to the RTL service will eliminate toll violations, penalties and legal fees generated by their rental car customers, while simultaneously reducing operating costs, by providing a smooth electronic interface that allows them to automatically bill customers for the fees they incur while driving rental vehicles.
The RTL service provides a cost-saving and convenient service for rental car customers, who will not have to wait in long toll lines, scramble for correct change or incur costly penalties and fees when they incorrectly drive through a toll.
RTL's exclusive Pass24 prepaid toll service provides 24 hours of unlimited toll use for one low daily fee. The price of the service varies by market and is commissionable to the rental car companies, providing an additional source of revenue for TSD customers with the RTL interface.
"We are excited about the opportunity to partner with TSD and provide their customers 'the best in class electronic tolling solutions' that generate new revenue streams, improved customer driving experiences and elimination of all toll violation processing costs for car rental companies, fleet and auto dealerships," said Jim Glasheen, vice president of sales and marketing for Rent A Toll.