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Verra Mobility offers a safe, fast, and environmentally friendly experience to rental car drivers in Italy
MESA, Ariz., July 9, 2025 -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today a partnership with global car rental company Sixt to offer an electronic toll payment solution in Italy. Electronic tolling will be offered by Sixt for vehicles rented in six major Italian cities - Milano, Roma, Firenze, Venezia, Bergamo, and Bologna. Rental car drivers can easily opt-in to the program when renting a vehicle, which allows them to automatically pay tolls electronically, without having to wait in the toll booth line or having the appropriate amount of cash available.
Italy's extensive network of over 4,500 kilometers of toll motorways, coupled with its status as a top global tourist destination attracting a record-breaking 65 million international visitors in 2024, sees significant traffic, particularly during peak travel seasons. This influx fuels a high demand for short-term rental vehicles, with an average of 137,000 and a peak of 164,000 using Italy's toll roads each year. By implementing electronic tolling, rental car users can now access "fast lanes," creating a safer, faster and seamless tolling experience. Verra Mobility’s electronic tolling technology is currently enabled for 100% of the tolling network in Italy.
“We're excited to team up with another major European car rental company to keep making tolling simple and accessible for both visitors and local renters in Italy,” said Tsjerk-Friso Roelfzema, Senior Vice President and General Manager for Verra Mobility Europe. “The value of offering this technology is clear, as evidenced by successful roll outs of the technology throughout Europe. Electronic tolling solves pain points for rental car companies and their drivers, and we are proud to offer the solution.”
In 2023, Verra Mobility announced its partnership with Telepass, an Italian-based leader in integrated mobility, to enable expanded toll payment coverage for short term rentals. The partnership with Telepass enabled Verra Mobility to roll out its automated tolling solution with multiple rental car companies in Italy. Verra Mobility’s tolling solution is currently used in the United States, Ireland, Italy and Spain.
“Sixt has been an industry leader in offering unique solutions to our customers designed to make their rental experience easier and more enjoyable,” said Angelo Ghigliano, Vice President at Sixt. “We saw quickly what a clear value-add Verra Mobility’s solution would be to our customers, and we are excited about leveraging this partnership to further enhance the customer experience across all rental locations in Italy.”
Verra Mobility’s toll management services automatically pay over 300 million annual toll transactions for more than seven million vehicles globally. The proprietary software technology allows for tolls to be matched to a specific vehicle and driver so that tolls can be accurately and reliably billed and collected on behalf of, or directly from, our customers.
For more information about Verra Mobility’s toll management solutions, visit: https://www.verramobility.com/european-solutions/
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.
Forward Looking Statements
We describe initiatives that drive our business and future results in this press release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near-and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. These forward-looking statements should be considered in light of the information included in this press release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.
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Media Relations: Investor Relations:
Eric Krantz Mark Zindler
eric.krantz@verramobility.com mark.zindler@verramobility.com
