Abstract: A financial system and method for facilitating the payment of tolls, parking and related transactions. A customer registers a vehicle and registers one or more single financial accounts with the system. The financial system updates the list of active vehicles and submits a vehicle status list to participating toll systems. The customer uses a particular toll system and the toll system detects the license plate. The toll system submits request for payment from the financial network after the toll occurs. The financial network charges the customer financial account and settles payment of the toll with the toll system.

Abstract: A system and method for making electronic payments for tolls, parking and related transactions. A customer downloads an application onto their personal electronic device and registers the customer's vehicle and financial account information with a provider. The application detects upcoming toll facilities and notifies the customer. The customer can accept the payment of the toll through the application whereupon the provider makes a payment from the customer's designated account to the toll facility.