Bestpass, a payment platform provider of toll management solutions for commercial fleets, achieved several significant milestones in 2020, including processing more than $1.2 billion in toll volume, exceeding $1 billion for the second consecutive year, and posting 20% growth over 2019.
The company also surpassed 10,000 customers with 650,000 active transponders deployed on U.S. toll roads, released Cost Centers within its customer web portal to facilitate better fleet data management, and launched new national and regional toll transponder options.
Among the highlights from 2020, Bestpass also handled more than 100 million transactions completed on behalf of clients, experienced double-digit annual revenue growth achieved for each of the past 10 years, surpassed 100 employees, increasing the team by nearly 20% in the second half of 2020, and sponsored or participated in 10 activities to support local communities, including Capital Roots, the Regional Food Bank of Northeastern New York, Joseph’s House and Shelter, the Children’s Miracle Network Hospital, American Diabetes Association Tour de Cure, and Capital District Toys for Tots.
Additionally, the company released Bestpass Cost Centers within the company’s customer web portal to facilitate better fleet data management and Developed Complete Pass Scout, which provides nationwide toll coverage, and Horizon Scout, which optimizes toll coverage for regional fleets.
“2020 was a challenging year in many ways that no one anticipated, and our core customers responded to keep the economy and country running with remarkable flexibility in their logistics solutions,” said Bestpass CEO Tom Fogarty. “Bestpass is proud to support their efforts, and I am personally proud of the Bestpass team that provided superior service and value to our customers throughout these difficult times. We will build on this momentum with more growth in 2021 thanks to the significant product advances released by the Bestpass innovations team.”