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Drivers can use the new tool to keep track of parking tickets, congestion charges, tax payments and more to ensure road users are never caught out. The system can even alert road users when their car insurance is set to expire to give drivers time to shop around for a better deal.
Simply switching agreements alone can save drivers hundreds of pounds each year in a major win for many motorists.
The new toll could save drivers “billions of pounds in penalty fees” which would be vital to road users in a difficult financial period.
The system simply notified drivers when it is time to pay or act on these issues to ensure road users are not caught out.
It will ensure road users do not drive around with no valid MOT certificate or with dangerous car defects.
Around 25 percent of MOT tests are conducted late with many of these down to the driver simply forgetting when their certificate has expired.
As well as being fined for driving without a valid certificate, road users could risk heavy penalties for driving a car in a dangerous condition.
Potential defects such as bald tyres, worn brakes or blown bulbs could see drivers fined and issued penalty points on their licence.
Having underinflated or dangerous tyres can see road users issued a £2,500 charge and three points per tyre in a major blow.
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This could see some motorists charged £10,000 and even banned from the road where the car is found to be in a devastating condition.
Meanwhile, failing to pay parking costs or other motoring bills may incur higher penalties in the long run which could see road users forced to pay out thousands of pounds.
Fixed penalty notices of just £100 can be increased to £1,000 or more if drivers fail to pay within a certain timeframe and could lead to a court appearance.
Dr Sai Lakshmi, CEO and Founder of Caura said many of the charges picked up by drivers were “totally avoidable”.
He said the new design would remove the “hassle” and “confusion” for many road users worried or concerned abiotic being caught out
Mr Lakshmi said: “The billions of pounds in penalty fees UK consumers incur from mistakes or late payments for parking, congestion charges, road tax, tolls, MOT and insurance are totally avoidable.
The incumbent system – fragmented, confusing and outdated – is not only costly but a massive source of anxiety.
“By eliminating the need for dozens of apps and services, we are removing hassle, confusion and unnecessary expenses of car ownership.”
The application has been approved by the Financial Conduct Authority (FCA) as a secure way to deal with motoring payments.
Customers need to simply enter their registration number which will bring up many of their key car details and renewal dates.
Users will also be able to pay for parking, toll roads and congestion charges at the touch of a button rather than organising them all separately.
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