LocoMobi, a provider of parking and transportation technology, has announced plans to provide a payments system for tolls at the Chicago Skyway Toll Bridge, according to a press release.

LocoMobi said its license plate recognition technology will be the backbone of the new payment system, so that each vehicle is processed and easily tracked in real-time for revenue control purposes.

The system will allow for a variety of payment options including card payments as well as mobile payments.