Verra Mobility and Hertz Enhance Partnership for Modernized Toll Solutions

Expanding Horizons: Verra Mobility and Hertz's New Partnership

In a significant development in the auto rental sector, Verra Mobility Corporation (NASDAQ: VRRM), renowned for its smart mobility technology solutions, has announced an expansion of its technology partnership with The Hertz Corporation as part of their newly renewed five-year contract. This collaboration, which builds on a partnership spanning two decades, seeks to modernize and improve toll processing for Hertz’s customers, making the rental experience more seamless and efficient.

The announcement was made during a recent quarterly earnings call, shedding light on ambitions to explore advanced technological solutions. Verra Mobility aims to leverage its expertise in fully outsourced toll and violations management programs, while also making strides to enhance customer experiences within Hertz’s diverse range of vehicle options, including the established Hertz, Dollar, and Thrifty brands.

Stacey Moser, Chief Customer Officer at Verra Mobility, expressed the commitment of Verra to evolve alongside Hertz. Moser emphasized the importance of understanding customer needs and investing in innovative technologies that not only refine existing solutions but also resolve complex operational challenges. "As Hertz continues to evolve, we're committed to evolving alongside them," she stated.

Jason Rivera, Chief Technology Officer, also highlighted the focus on combining operational experience with cutting-edge vehicle tolling technology and artificial intelligence, aiming to address increasing complexities in fleet management.

Marnie Harte, Hertz’s Senior Vice President and Chief Procurement Officer, reiterated the value of the long-term partnership with Verra Mobility. She noted the intent to simplify tolling and violations management processes, commenting on how such innovations could create a more transparent and user-friendly experience for customers, thereby reducing operational complexities that fleet operations often face.

Verra Mobility’s expansive portfolio currently supports over 7.6 million vehicles around the globe, enabling efficient transactions to mitigate costly fines and simplify administrative workloads. Notably, in 2025 alone, the company processed over 350 million toll transactions, effectively managing more than 5.6 million violations for its fleet clients.

Through this renewed partnership, both companies are set to revolutionize how rental experiences are tailored through technology. The efforts not only focus on improving daily operations for Hertz but also on providing end-users with a frictionless ride by integrating smart mobility solutions that prioritize customer convenience in cashless and fully electronic tolling environments.

Verra Mobility’s mission revolves around enhancing safety and efficiency within the entire transportation ecosystem. The company continuously seeks ways to advance the technologies that connect vehicles, hardware, and software while working towards improving urban mobility and community health.

As we look to the future, the collaboration between Verra Mobility and Hertz promises a new era of smart mobility solutions, setting a benchmark in the industry for vehicle rental services. This strategic initiative underscores both companies' dedication to leveraging modern technology to create safer, more efficient, and engaging experiences for users, positioning them at the forefront of the automotive revolution.

For those interested in learning more about Verra Mobility's extensive offerings for commercial and fleet management, detailed information can be found at their official website, Verra Mobility Commercial Solutions.