PayComplete targets transport transactions

FinTech IoT platform aims to provide transit fare and parking fee reconciliation
Mobility as a Service / January 29, 2021
By Adam Hill
PayComplete 167606978 © Pop Nukoonrat | Dreamstime.com
PayComplete: IoT platform (© Pop Nukoonrat | Dreamstime.com)

PayComplete, the former cash management division of international financial technology (FinTech) group Suzohapp, has launched as a separate brand aimed at the transport sector among others.

It provides cash management and payment reconciliation systems to transit operators and transportation authorities as well as payment technology for fare collection and parking worldwide. 

PayComplete's Internet of Things (IoT) platform, called Connect, is aimed at self-service financial transactions running on devices including point-of-sale systems, kiosks and digital payments devices.

With Covid-19 making physical cash handling less attractive, and the IoT making devices such as smartphones into payment points, PayComplete believes its services are a good fit.

“PayComplete will go forward as a company centered around an IoT software platform for financial transactions," said CEO Jurgen Leijdekker.

“Our software, devices and services enable businesses to build tailored solutions for customer transactions – centered around devices such as kiosks, virtual tellers, self-check-out solutions, vending, or cash management systems.”

Its kiosk platform, Connect Cube TM, is designed to connect self-service financial transactions and PayComplete says it combines traditional payment solutions for back office and OEMs with a range of software solutions.

The company has 1,000 employees in 19 countries.

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