Hi-tech toll pay for rental cars?
Paper says Avis, Budget to offer electronic payment device for $2 a day; could reduce scofflaws.

NEW YORK (CNNMoney.com) - Car rental companies are set to offer electronic toll payment devices as options on their cars, according to an article Monday.

Cendant Car Rental Group, owner of Avis and Budget, will announce Monday that renters in the New York and Houston area will have the option of paying tolls electronically for a $2 a day fee, plus the toll charges, according to an article in USA Today.

Rival Hertz is also said to be testing a toll paying device, the article said.

Highway operators say renters, emboldened by a sense of anonymity, are more likely to breeze through tolls without paying, according to the article. Highway officials hope electronic payments will cut down on the practice, in addition to speeding things up for drivers.

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.