Mobile payment solutions provider Parkmobile USA is to partner with SP Plus Corporation (SP+) in a joint venture that will combine two parking transaction engines to deliver on-demand and prepaid transaction processing for on- and off-street parking and transportation services.
Parkmobile will contribute its on-demand parking transaction engine that allows consumers to transact real-time payment for parking privileges in both on- and off-street environments. SP+ will contribute its proprietary Click and
Mobile payment solutions provider 2133 Parkmobile USA is to partner with SP Plus Corporation (SP+) in a joint venture that will combine two parking transaction engines to deliver on-demand and prepaid transaction processing for on- and off-street parking and transportation services.
Parkmobile will contribute its on-demand parking transaction engine that allows consumers to transact real-time payment for parking privileges in both on- and off-street environments. SP+ will contribute its proprietary Click and Park parking prepayment system, which enables consumers to reserve and pay for parking online in advance.
The fully-integrated solution will be available for deployment to existing Parkmobile and Click and Park clients and channel partners, including the approximately 4,200 locations and 2.1 million parking spaces operated by SP+.
The resulting transaction processing engine will enable businesses such as auto manufacturers, airlines, parking operators, ticket platforms, convention centres, stadiums, municipalities, universities, restaurants and an array of consumer-facing websites to allow their customers to easily purchase and pay for parking and transportation services using any device having internet access, from smartphones to desktop computers.
As the next-generation technology in the marketplace, the joint venture's powerful transaction processing engine will provide in-dash reservation and processing services in support of the connected car products currently under development by major automobile manufacturers.
"Parking is an essential component of personal mobility, and this joint venture marks a transitional step towards a much-needed integrated mobility ecosystem," said William Clay278 Ford, Jr, a founding partner of 1072 Fontinalis Partners and executive chairman of Ford Motor Company.
"Parkmobile is delighted to partner with SP+ to bring a fully integrated parking payment and transaction processing solution to the North American market," added Cherie Fuzzell, CEO of Parkmobile. "The combination of Parkmobile's industry leading on demand mobile payments solution with the Click and Park suite of white-label solutions for prepaid parking payments and reservations is groundbreaking. The joint venture will improve the customer experience and streamline the back office operations for parking operators."
Parkmobile will contribute its on-demand parking transaction engine that allows consumers to transact real-time payment for parking privileges in both on- and off-street environments. SP+ will contribute its proprietary Click and Park parking prepayment system, which enables consumers to reserve and pay for parking online in advance.
The fully-integrated solution will be available for deployment to existing Parkmobile and Click and Park clients and channel partners, including the approximately 4,200 locations and 2.1 million parking spaces operated by SP+.
The resulting transaction processing engine will enable businesses such as auto manufacturers, airlines, parking operators, ticket platforms, convention centres, stadiums, municipalities, universities, restaurants and an array of consumer-facing websites to allow their customers to easily purchase and pay for parking and transportation services using any device having internet access, from smartphones to desktop computers.
As the next-generation technology in the marketplace, the joint venture's powerful transaction processing engine will provide in-dash reservation and processing services in support of the connected car products currently under development by major automobile manufacturers.
"Parking is an essential component of personal mobility, and this joint venture marks a transitional step towards a much-needed integrated mobility ecosystem," said William Clay
"Parkmobile is delighted to partner with SP+ to bring a fully integrated parking payment and transaction processing solution to the North American market," added Cherie Fuzzell, CEO of Parkmobile. "The combination of Parkmobile's industry leading on demand mobile payments solution with the Click and Park suite of white-label solutions for prepaid parking payments and reservations is groundbreaking. The joint venture will improve the customer experience and streamline the back office operations for parking operators."
