PASE and Clara Join Forces to Simplify Highway Toll Payments

PASE, the leading toll-collection and mobility company, and Clara, Latin America's leading corporate spend management solution, announced a strategic alliance designed to offer a comprehensive, efficient solution for managing toll expenses and optimizing fleet operations.

The partnership, which operates under a postpaid model linked to a corporate card, simplifies the financial and operational management of vehicle fleets on urban, private, state and federal highways. Clients who benefit from this alliance will be able to charge their PASE payments directly to Clara's corporate card. By eliminating the use of cash and wire transfers, the joint PASE-Clara solution not only increases security, convenience and ease of use, but also offers significant administrative and liquidity benefits.

Additionally, affiliated businesses will benefit from a tax credit of up to 50% direct deduction on income tax (ISR) (applicable to transport companies), reduced travel times through the use of dedicated lanes, and 100% tax-deductible electronic invoicing.

"We're thrilled to collaborate with Clara, a 'unicorn' company recognized for being innovative and one of the fastest-growing in Mexico. Their experience offering payment solutions and their innovative expense management platform, combined with our expertise in toll collection and mobility, will give our customers a robust solution whose benefits will translate into operational efficiency for fleets and cost savings," said Alexis Reséndiz, CEO of PASE.

Through this alliance, businesses will enjoy faster, easier onboarding, since signing up with Clara is 100% digital and is approved within 1-2 days at most. They will also have access to Clara's platform, which offers unlimited cards, advanced per-card controls, real-time visibility, simplified invoicing, 24/7 customer support and access to an intuitive digital platform.

"At Clara, we believe great transformations happen when leaders come together. That's why partnering with a benchmark company like Pase, a leading toll-payment solutions provider for highways in Mexico, is a source of great pride. This strategic alliance not only reflects the maturity of our business, but also reinforces our commitment to offering faster, more secure payment experiences for millions of drivers across the country," said Leonardo Ramos, Clara's country manager in Mexico. Implementing a toll-collection system like PASE's in fleets helps reduce costs, cut travel times and optimize routes, which results in better administrative management and on-time delivery guarantees — important factors for the success of any company with transport operations.

About PASE

PASE, Mexico's leading toll-collection and mobility company with more than 20 years of experience, offers a nationwide toll-payment solution that lets users travel the country's main highways and roads quickly, easily, safely and conveniently, without the need for cash. Today, the PASE experience extends to highways, urban expressways, parking lots, service yards and more.

About Clara

Clara is Latin America's leading platform for end-to-end corporate spend management. Designed to automate financial processes, it gives businesses an unmatched level of control and operational efficiency.

With Clara, organizations gain access to customizable corporate credit cards and features such as financed SPEI, international payments, a reimbursement module and AI-powered software, all in one place to help finance teams make smarter decisions.

Since its launch in 2021, Clara has provided financial solutions to more than 20,000 businesses in Mexico, Brazil and Colombia. It is backed by top-tier global and regional investors, including Monashees, Kaszek, Canary, Notable Capital, Coatue, DST Global, ICONIQ Growth, General Catalyst and Goldman Sachs. For more information, visit clara.com