LOS ANGELES -

HyreCar now has plans in place when traffic or parking infractions happen involving vehicles associated with its marketplace for ridesharing.

On Wednesday, HyreCar announced that it has formed a strategic partnership with TIKD, a leading liability management solutions provider to the shared mobility industry. TIKD plans launch a ticket management pilot program for HyreCar vehicle owners in California, Washington D.C., Virginia and Maryland.

The company explained owners on the HyreCar platform will have a seamless interface with TIKD’s ticket management service as an added benefit of operating on the HyreCar platform. As part of this service, TIKD will pay tickets on behalf of HyreCar vehicle owners and collect from the drivers involved in a traffic or parking violation, reducing the stress to vehicle owners and eliminating the burden of collecting payment from drivers.

TIKD said will cover all costs associated with the ticket process, including fines and court costs, with no exceptions.

“We believe this partnership will be extremely valuable to vehicle owners and dealers within the shared mobility space,” HyreCar chief executive officer Joe Furnari said. “By vertically integrating services like TIKD on our platform, we are better able to quickly scale inventory, which in turn drives customer retention, reduces costs and increases revenue.”

Megan Broccoli, co-founder of TIKD, added, “We’re thrilled to support HyreCar with our proprietary technology solution, further improving an already positive vehicle owner and driver experience.

“TIKD is committed to solving the pain of compulsory fines, and this is an important step towards fulfilling that commitment,” Broccoli went on to say.