November 16, 2020 – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is pleased to announce the launch of VIA PASS’ Application on iOS and Google Play.
As per the agreement signed in September 2020, Newt had been selected to provide its SaaS Software and Mobile App capabilities to VIAPASS. VIAPASS app is now fully available and successfully deployed with Newt’s technology and ecosystem of payment connectivity and products.
The mobile app allows VIAPASS’ customers to top up their toll tag accounts, review highway routes, view payment history, and plan trips within the app. Newt’s software provides VIAPASS with the functionality and direct communication with each user within the app. In addition, Newt’s bill pay and prepaid network of products are now available in the VIAPASS app, allowing clients to access Newt’s distribution network for cash loading and digital purchases.
The number of ViaPass transactions per day has been tripling since the launch, and will be accelerated through the next stage of marketing by VIAPASS, broadcasting the app’s availability to its millions of customers.
VIAPASS is one of the largest electronic toll payment systems in Mexico, with toll collection points throughout most highways in the country. The company is currently upgrading and enhancing their digital program with mobile presence and additional services.
Sergio Maya Aleman, CEO of Latin America of Newt Corporation, stated: “We are very proud to have successfully completed and launched the app for ViaPass in such a short period of time. This is another step in Newt establishing itself as a major industry provider in Latin America for digital electronic solutions. Electronic highway toll and digital payments have increased dramatically in recent years, and ViaPass is another valuable client in Newt’s portfolio, that will ensure consistent revenue growth and generate greater value for our shareholders.”
The company named Cobro Electrónico de Peaje, which owns VIAPASS brand, was founded in 2008 as an innovative project to offer highway toll services, with an objective to automate and promote electronic payment of tolls. The company implemented state of the art technological solutions to provide individuals and companies with full control of their payments within the highway network all over Mexico. The company has a team of experts, who created VIAPASS technology, which automatically collects toll payments by identifying vehicles and recording their movement through the toll collection point.
For more information, visit www.VIAPASS.com.mx
Newt Corporation is a Canadian Company with subsidiaries in USA, Luxembourg & Mexico, that aims to be a Fintech leader in SaaS Software Solutions Services, focused on B2B such as Institutions and SME’s providing services to employees and the unbanked market. Utilizing its developed SaaS technologies software and integrated partners, Newt can provide institutions, merchants, technology for solving KYC, AML, Mobile wallet, cashless mobile payment, bill payment, digital prepaid products, and other services for transactions on mobile devices, web and at Merchant Point of Sales.
By choosing Newt’s SaaS solutions, users and businesses can take away complex capabilities of transacting in the digital world, making payments, receiving funds, accepting bill payments at point of sales, thus allowing merchants a quick and seamless one-stop shop, for a more secure and efficient provider.
Newt’s current SaaS platform is utilized by clients throughout North America & Latin America. Recently top enterprises and SME’s are choosing Newt as their single service provider for Digital Payment solutions. Newt envisions providing a next generation of technologies in a complete Saas Service offering.