PayByPhone to hold exclusive preview of their latest app release at the upcoming 2016 International Parking Institute Conference & Expo in Nashville, TN

May 17, 2016


PayByPhone to hold exclusive preview of their latest app release at the upcoming 2016 International Parking Institute Conference & Expo in Nashville, TN


May 17, 2016 — As virtual parking payment provider with an annual revenue of more than $288 million, PayByPhone, the world’s leading mobile parking payment provider, is fully committed to the consumer experience providing urban mobility payment solution which include parking, tolling, taxis, EV charging, and bike rentals. In 2015, PayByPhone added to this experience by becoming one of only 44 apps featured on the Apple Watch launch.


Year over year, PayByPhone’s global transaction volume has grown by 30%. In the past year, the company has continued to expand their global partnerships within North America and the United Kingdom adding over 2.5 million registered users to their platform resulting in a total of more than 12 million subscribers of the service. Within the United Kingdom, PayByPhone successfully deployed 15 lots with NCP (National Car Parks) for the London Underground. The addition of Paris (155,000 spaces) in 2015 has led to a 156% growth in transactions within France. This momentum has translated to over a dozen new partnerships across the country adding over 25,000 spaces. In the last 6 months, PayByPhone has successfully signed over 25 new deals within North America resulting in 50,000 spaces with existing and new clients as well as 6 new universities including UNLV and California State University. Currently, PayByPhone serves more than 20 campuses.


Many of the largest and most complex parking operations in the world use PayByPhone including Miami (36,000 spaces), San Francisco (30,000 spaces), Massachusetts Bay Transportation Authority in Boston (25,000 spaces), and Seattle (12,000 spaces).


PayByPhone, will be providing an exclusive preview of their latest app release at this year’s International Parking Institute (IPI) Conference & Expo. Kush Parikh, President and Chief Executive Officer at PayByPhone, and the PayByPhone team will be sharing these new innovative features aimed at further streamlining the mobile pay parking experience for both users and city parking operators. An official launch of the new app release is expected to make its way to the general public by summer 2016.


The PayByPhone exhibit (Booth #929) will be displayed at the IPI Conference and Expo May 17 — 20 in Nashville, TN.



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 or download our app for iOS, Android and Blackberry devices.

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