Automatic, SiriusXM Subsidiary, Buys Mobile Payment Platform PayTollo

SiriusXM bought PayTollo, a GPS mobile payment platform, said SiriusXM Thursday. It adds transportation tolling to Sirius unit's Automatic offerings, said Joe Verbrugge, the parent's general manager-emerging business. The company offers an install-it-yourself adapter and mobile app that enables most vehicles to become connected so drivers have access to services including crash alerts, roadside assistance, real-time vehicle location monitoring and sharing, vehicle performance monitoring, recall notifications and service reminders. PayTollo's mobile payment platform for tolls and bridges is used in California and Florida.