Verra Mobility and Hertz Expand Technology Partnership Under Renewed Contract

August 27, 2026 - 04:05

Verra Mobility, a company that builds technology for smarter transportation, and Hertz have renewed their contract and plan to add new tools to their existing partnership. The new agreement covers Hertz, Dollar, and Thrifty rental car brands, and it goes beyond just extending the old terms.

The two companies have worked together for years on tolling and violations management. That means handling things like electronic toll payments and making sure rental cars do not end up with unpaid tickets or fees. Under the renewed contract, Verra Mobility will keep providing those core services, but both sides say they want to try new technology ideas as well.

Verra Mobility said the expanded relationship will look at ways to use its platform for more than just tolls and violations. The company hinted at new solutions that could improve the rental experience or make fleet operations smoother, though it did not give specific product names yet. Hertz, for its part, sees the renewal as a way to keep its customers moving without friction, especially for business travelers and people who rent cars frequently.

The announcement did not include financial terms or the exact length of the contract. But Verra Mobility described the deal as a multi-year renewal, which gives both companies a stable base to build on. Shares of Verra Mobility did not move much in early trading after the news, which suggests investors were not surprised by the announcement.

For Hertz, this is part of a broader push to tighten its technology partnerships. The rental car company has been working to modernize its fleet and digital services after a rough few years. Keeping Verra Mobility on board for tolling and violations is a practical move, since those are areas where errors can cost real money and hurt customer trust.

Verra Mobility said it looks forward to working with Hertz on the next phase of their relationship. The company's chief executive noted that the renewal reflects the value of their platform and the strength of the relationship built over time. He added that the new projects will focus on making travel easier for renters while helping Hertz manage costs.

The partnership between the two companies has been in place for more than a decade. Over that time, Verra Mobility has processed millions of toll transactions for Hertz vehicles across the United States. The new contract does not change the basic setup, but it does open the door for more integrated services down the road.