BANCPASS LAUNCHES PAY-AS-YOU-GO RELOADABLE TOLL STICKER
Phil
01.22.19
Pay As You Go - BancPass

BancPass Launches the Pay-As-You-Go, Cash Reloadable Toll Sticker Program in Austin, Texas.

The cash reloadable BancPass Toll Sticker allows users to “Pay Your Way” using cash, debit, or credit.

 

AUSTIN TEXAS – August 29, 2018 BancPass, Inc. announced today the release of their cash reloadable Toll Sticker program in Austin, Texas. BancPass partners with retailers to provide toll road users with the ability to pay cash for their tolls while enjoying the convenience of a Toll Sticker account, and cost savings of the electronic toll rate. BancPass originally implemented the program in Houston, Texas through the Harris County Toll Road Authority (HCTRA). The success of the program in Houston prompted BancPass to expand the program into Austin, TX.

Users can purchase the pre-paid Toll Sticker starter kit at participating Austin and Houston area H-E-Bs in the Business Center, Costco Warehouse stores, and Randalls, or online through bancpass.com. The Starter Kit includes an electronic toll sticker, instructions for handling & placement on the vehicle, and a reload card. The reload card allows users to pre-fund their toll accounts using cash or debit. A small reload fee applies to all reload transactions. A smart phone application is available to users to self-manage their accounts, view transactions, receive balance reminders, and reload directly from a user’s phone using a debit or credit card. The BancPass Toll Sticker works on all Texas and Kansas toll roads.

Shannon Swank, Chief Marketing Officer for BancPass stated, “This program provides a much-needed option for toll road users who prefer to pay for tolls using cash or, want to enjoy the benefit of self-managing their toll account funds more closely. The BancPass Toll Sticker further gives users the ability to enjoy the same cost savings and convenience of traditional toll account holders with the convenience of managing their accounts through a large network of participating retailers.”

As toll roads are converted to All-Electronic, and cash lanes are removed, BancPass remains focused on providing users with alternative, convenient methods to establish and manage their accounts in a way that meets both their travel and budgetary needs.

 

About BancPass

BancPass is a Texas Corporation focused on increasing revenues through a network of payment options that leverage commercial efficiencies. This network of payment options provides decreased costs to Toll Operators and guaranteed payments; while delivering convenient payment solutions to consumers, leveraging financial and retail platforms, therefore enabling cash-based users to participate.

BancPass provides mobile transaction payments for Tolling, Quick Serve Restaurants, and Parking through its Pay In Motion™ (PIM) patented technology, and application, PlusPass™. BancPass’ PIM™ technology allows users to make payments from a vehicle without the interaction of the driver. The vehicle may be in motion or stop-and-go. BancPass also provides licensing options to third parties.

 

Media

Contact: Arin Gray
Email: agray@cdandp.com
Phone: 512.533.9100 Ext. 12

Investor Inquiries

Contact: John Freund
Email: john.freund@bancpass.com
Phone: 949.547.3238

Business Development

Contact: Shannon Swank
Email: Shannon.swank@bancpass.com
Phone: 512.971.9741