Fast & secure closed loop toll payment solution
Offer simplified toll payments to your customers and experience faster transactions, lower operating costs & improved efficiency.
What are closed-loop toll payments?
In closed-loop toll payments, you can collect toll payments from your customers with your toll-only wallet system.
Users arrive at your toll plaza with their vehicles having RFID tags. This tag can be read by RFID readers at toll plazas and then the toll is automatically deducted from the toll account.
It is called "closed" because, unlike using a regular credit/debit card that works everywhere, this payment method only works for your toll plaza.
A step-by-step process of a closed-loop toll payment system
1
Sign up
Sign up on our platform to start onboarding and managing your users’ mobile wallets
2
Wallet issuance
Add your users’ details and issue branded mobile wallets for toll payments
3
Top-Ups
Simply allow your users to add money to their mobile wallets
4
Automated payments
Automatically deduct toll charges when your users pass through your toll stations
Challenges of traditional toll payments
Traffic delays from slow payments
Traditional payment modes like cash or cards at toll booths slow traffic flow, especially during peak hours. This leads to frustration among users and it delays the smooth flowing traffic.
Time-consuming payment collection
Manual toll payments slow down operations, can cause accounting mistakes, and risk fraud. All these can negatively impact overall revenue collection.
Manual processing errors
Human errors in cash handling or ticket processing can lead to miscalculations in toll collection. This results in lost revenue and customer dissatisfaction.
Lack of real-time traffic insights
Without real-time data, toll operators struggle to analyze traffic trends, manage staffing, and make adjustments for different traffic flow periods.
No option to offer recurring passes and subscriptions
Frequent users like transport or logistics operators face inconveniences without toll passes and an automated and prepaid option for subscription-based services.
Closed-loop payment solutions to overcome all your toll-collection challenges
Advanced features for toll payments & management
Why is SwiftPay ideal for collecting toll payments?
Scalability
From single-lane toll booths to expansive multi-lane highways, our system adapts to any toll operation. Also, manage payments and entry points efficiently, even during peak traffic hours.
White-label capabilities
Provide customized closed-loop toll payment wallets with your branding. Strengthen loyalty and provide your users with a seamless and professional experience at each toll point.
Easy integration
Integrate our system effortlessly with toll gates, your current payment setups, and data management. Ensure minimal disruptions and a consistent experience across all entry points.
No more struggling with toll collection. Put SwiftPay.Guru to work and enjoy seamless toll payments!
