Press release: “ParkJockey and PayByPhone Partnership”

>> PARKJOCKEY and PAYBYPHONE Partner to Help Drivers More Easily Locate, Reserve and Pay for Parking Using Their Smartphones

Partnership offers the industry a comprehensive set of digital services for off-street and on-street parking.

December 21, 2015 – Miami, FL and Vancouver, BC – PayByPhone, the world leader in mobile payments for parking has joined forces with parking location and reservations provider ParkJockey to deliver a comprehensive set of off-street and on-street parking services to parking authorities, parking operators and consumers.

Through the partnership, PayByPhone will integrate ParkJockey’s off street parking location and reservation services into its paybyphone mobile app. In turn, ParkJockey will integrate PayByPhone mobile payment services into the ParkJockey app. The partnership will initially focus on the US, Canada and the UK and will expand globally accordingly.

“Our goal is to provide consumers with a complete service that helps them find, reserve and pay for parking wherever their travels take them,” said PayByPhone President and CEO Kush Parikh. “Together with ParkJockey we’ll be able to offer consumers the ability to pay for parking using their mobile phone at additional locations as well as reserve a parking space in advance of their trip.”

Added Umut Tekin, co-founder and President of ParkJockey, “The exclusive ParkJockey-PayByPhone partnership forms the world’s largest parking marketplace, which brings on-street and off-street parking together. We look forward to scaling our integrated solution globally and bringing the parking industry to a similar level to that of the taxi/ride sharing industry in terms of 21^st century consumer experience.”

The two companies plan to introduce integrated services to their consumers in early 2016.

Experts estimate up to 30 percent of traffic in congested urban areas where street parking is in high demand results from drivers looking for parking. (1) A global survey of commuters in 20 international cities found that nearly 6 out of 10 drivers have abandoned their search for a parking space at least once and drivers often spend an average of nearly 20 minutes in pursuit of a coveted spot. (2) Furthermore, industry analysis has found drivers waste an average of 55 hours a year searching for parking costing them nearly $600M in wasted time and fuel. (3)

Cities Work Better When Parking Gets Smart
With over half of the world’s population living in our largest cities, transportation agencies are increasingly turning to intelligent parking solutions to better manage parking inventory and improve urban mobility. PayByPhone and ParkJockey provide cities with a scalable, cost-effective and immediate way to manage parking inventory as well as improve traffic in urban areas. Key benefits of PaybyPhone and ParkJockey’s services for parking authorities and local operators include:

Increase revenue: With the ability to get alerts and extend their time using a mobile app, PayByPhone’s mobile payment solution helps boost compliance which in turn boosts revenues through increased use of available inventory.

Improve and optimize capacity utilization: Adjust pricing based on demand to maximize use of available inventory and associated revenues.

Better operations & insights at a fraction of the cost. PayByPhone and ParkJockey offer cities, parking operators and building owners with an easier, faster and more cost effective way to manage parking. The two companies’ combined services enable parking providers to offer drivers with better services and greater convenience without having to install and maintain expensive smart meters or pay and display machines.

Better insight for urban planning. With a comprehensive understanding of parking inventory through payment transaction data, urban planners can gain insights that help them improve parking conditions and locations, and better locate special purpose lanes for bicycles and public transit on city streets.

Parking is considered the second largest source of revenue in most cities and expert estimates show deployment of smart parking technologies reduces traffic congestion while increasing compliance and revenue through better inventory utilization. (4)

ABOUT PAYBYPHONE

PayByPhone is one of the fastest growing mobile payments companies in the world processing more than four million parking, tolling, public transit, bike share and EV charging transactions a month in cities across Europe and North America. Through the company’s mobile web, smartphone and smartwatch applications, PayByPhone helps millions of consumers easily and securely pay for parking and other transportation services without the hassles of waiting in line, having to carry change or risking costly fines.

By helping transportation agencies and parking operators tap into the latest advancements in secure mobile payment, Big Data and location technologies, the company helps them reduce infrastructures costs while increasing revenue and compliance through the delivery of services integrated with consumers’ always on the go, mobile digital lifestyle. To learn more, visit us www.paybyphone.com or download our app for iOS, Android and Blackberry devices.

ABOUT PARKJOCKEY

ParkJockey is a rapidly growing technology start-up with a focus on helping drivers get the best parking spaces in the off-street market via reservations or on-the-spot payments. With over 100,000 parking spaces under management, ParkJockey is currently operating in Miami, Chicago, New York, San Francisco and all major cities in the UK. To learn more, visit www.parkjockey.com or download ParkJockey app for your iOS and Android device.

# # #

(1)Donald Shoup, The High Cost of Free Parking, Chicago: Planners Press, 2005 and 2011.

(2) IBM Commuter Pain Survey http://www-03.ibm.com/press/us/en/pressrelease/35514.wss

(3) Frost & Sullivan, 2015,Analysis of parking in London, Berlin, Paris, New York, Chicago, San Francisco, Amsterdam, Washington D.C.

(4) Frost & Sullivan, 2015, Strategic Analysis of Smart Parking Market in Europe and North America

Click here to download the full Press Release in PDF.

Contacts:

For PayByPhone:

Jim Bak

jbak@paybyphone.com

For ParkJockey:

Igal Aciman

Igal.aciman@parkjockey.com

Tech Tech Tech Boom …

I guess you could say this Hives song fits the bill of The Evening Standard’s recent article both phonetically and metaphorically. The article outlines the recent boom in the tech industry and the scope it is giving oversees companies; with the big smoke seeing a record number of foreign firms (270) starting, setting up and expanding over here in the last year.

As part of this article ParkJockey, got a lovely featured mention with UK General Manager Kamal Rajput giving his view on London as a market it’s welcoming business environment along with it being extremely beneficial to the growth of ParkJockey…

Check out the article here

Now you won’t be late for your reservation with ResDiary …

Fed up of not knowing which restaurant to pick? Are troll reviews skewing your foodie desires? You won’t be fooled with ResDiary!

ResDiary restaurant bookings system is one of the world’s leading providers of online reservations, seating approximately 4 million diners per month across 3,900 restaurants in 30 countries.

Headquartered in the UK, they have team members and licensees in the UK, Canada, Denmark, Norway, Indonesia, the Philippines, Kazakhstan, Dubai, Bahrain, Australia and New Zealand.

The reviews submitted to the ResDiary platform are those which have actually visited the restaurant and their reviews are 100% authentic.

“We are delighted to be partnered with a great company like ResDiary and help their valued customers who are driving to their reservation; park for an affordable price and make it on time all with minimum effort” – Bhavik Panchal, Marketing & Community Manager

Tickle your taste buds and reserve your tables here with ResDiary

ParkJockey CEO at Florida Venture Capital Conference 2015

As a way to spark innovation and link professionals together, the Florida Venture Forum hosted their annual capital conference showcasing 20-25 of Florida’s most rapidly growing start-ups. Each start-up had the opportunity to present to an audience of angel investors, venture capitalists, and industry professionals. The two day networking event consisted of various panels discussing perspectives on the landscapes of investing, fundraising, and developing strategic operations. The company exhibitions ranged across industries from retractable golf clubs, to payment processing apps, to cutting edge healthcare technologies, and to other market disrupting entities. ParkJockey was honored to present at the largest capital conference in the state of Florida. The opportunity increased ParkJockey’s exposure within Florida’s start-up ecosystem as well providing several prospective investors and customers. The event was covered in several local publications, including The Miami Herald.

ParkJockey Presentation at IGNITE Conference – London

Our Global Head of Marketing, Igal Aciman, took the stage as one of guest speakers at Nimbus Ninety’s annual IGNITE conference at The Worx, London.

As a technology-focused business association, Nimbus Ninety brings together over 400 business leaders over two days of keynote speeches, breakout sessions, networking events and an awards ceremony. The great line-up of speakers besides Igal included business leaders from Tesla Motors, Virgin, BBC Worldwide, and many others.

Igal’s breakout session talk was titled “Customer-centric digital disruption in a traditional industry,” in which he elaborated on the lessons from ParkJockey’s experience with digital disruption that are applicable to large companies. Check out the full recording below!

In addition to the talk, you can also review the case study on ParkJockey that Nimbus Ninety published on October 10, featuring an interview with Igal Aciman and our Head of Operations – UK, Kamal Rajput.

ParkJockey: An App for Urban Living

ParkJockey was recently featured in the business section of the Miami Herald as one of eight thriving apps set to enhance urban living. Aside from the individual convenience of the app, the Miami Herald makes the point that, “An estimated 30 percent of traffic is actually looking for a parking place, allowing ParkJockey to make a difference in reducing carbon emissions and city traffic congestion”.

Read the full article here.

ParkJockey_app_screen NYC

The interface of the ParkJockey app is customizable pertaining to the users location.

ParkJockey Provides Convenient Parking for the HeatNation

ParkJockey Miami is proud to be featured in the Culture section of The Miami New Times as the official parking partner of the Miami HEAT. The home opener for Miami was last Tuesday, October 30th, 2014, and marked a great start for this year’s NBA season. ParkJockey Miami has already begun to reduce the stress of parking for the HeatNation and proud to be a partner of the Miami HEAT!

Scott Rosen, General Manager for Miami, was interviewed by Miami New Times to give more insight into ParkJockey’s presence in the city, “We probably have about 100 locations with access to 15,000 spaces. We have lots from as far south as Coconut Grove to as far north as Port Canaveral”. Scott continued, “it’s very simple — you open up the app or website and search. We have location and event-based search. So you could search for American Airlines Arena or Wynwood or III Points, then the app will pull up the closest locations in the area at the best rates. It’s one touch parking”.

Read the full Miami New Times article here.

ParkJockey presents PlumValet!

Circled the block for 15 minutes and still parking a 10 minute walk away from your the shops? Lost your reservation at your favorite restaurant in town because it took 20 minutes to park outside the restaurant? Made your date walk six blocks in those fancy high heels because the closest garage was full?

Sounds all too familiar?

At ParkJockey, we believe that drivers should enjoy more shopping, dining, dating and all the good things in life rather than looking for parking, parking and walking to and from garages. This is why we are launching PlumValet, the mobile app that lets our plum valets pick up and return your car wherever and whenever you want in New York City, Chicago, Miami and London.

We will launch the new service in a staggered manner, starting with London next week!

What makes PlumValet special? We created it to be more than a button in a mobile app for you. We designed it to be “the hero behind the hero” like Alfred is for Batman. We engineered it to be “the tech that make you look good” like Q is for James Bond. We programmed it to be your trusted parking helper and confidant like Alice from the Brady Bunch.

How do we do it? We have partnered with long-established valet companies and the most reputable parking operators. Our valet partners bring professional ‘car takers’ and a proven insurance coverage. Our parking operator partners make sure that your car and keys are locked in safe garages. This is not the first car they handle; so you can comfortably enjoy your activities next time you drive to town.

So, pre-register NOW at PLUMVALET.COM, and your first time with PlumValet is on us!

#ParkNoMore

ParkJockey Announces Partnership with NCP

ParkJockey is now live across the United Kingdom!

ParkJockey is now fully integrated within the largest parking operator of the U.K., National Car Parks (NCP), nationwide along with a whole host of other car park operators, spreading across 23 major cities.

This expansion gives you as a ParkJockey driver more parking options, in more places, at all times. Major entertainment venues along with shopping quarters are covered in each of the cities, providing you with the ability to pre-book parking in advance to avoid wasteful circling.

Book parking for everything you do, including events such as sports matches, shows, and not to mention, when you go shopping. These places all have adjacent car parks available to book via ParkJockey’s mobile app and website. For example,

Here is a full list of cities that ParkJockey are live in; Aberdeen, Birmingham, Bolton, Brighton, Bristol, Cardiff, Cheltenham, Chester, Croydon, Derby, Dundee, Kingston, Leeds, Liverpool, Manchester, Newark, Newcastle, Newport, Nottingham, Reading, Stockport, Swansea & Truro.

ParkJockey brings you hassle-free parking for any occasion!

ParkJockey is moving at a fast pace, so keep an eye out in the next couple weeks as we are launching newest version of our mobile app, further expanding in the UK, and much more!

ParkJockey UK Team