January 22, 2016

ParkJockey and PayByPhone partner to help drivers more easily locate, reserve and pay for parking using their smartphone

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

MIAMI and VANCOUVER -- PayByPhone, the world leader in mobile payments for parking has joined forces with parking location and reservations provider ParkJockey to deliver parking services to parking authorities, parking operators and consumers.

PayByPhone will integrate ParkJockey's services into its paybyphonemobile app. In turn, ParkJockey will integrate PayByPhone's services into the ParkJockey app. Initially, the partnership will focus on 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," 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 in advance of their trip."

Umut Tekin, co-founder and President of ParkJockey added, "The exclusive 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 21st century consumer experience."

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



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