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Source: PayByPhone

PayByPhone Prospers During a Year of Growth and Innovation

The mobile parking payment app is shaping a new future for drivers by placing customers first

VANCOUVER, British Columbia, June 04, 2018 (GLOBE NEWSWIRE) -- After an impressive start to the year, PayByPhone has maintained its momentum, expanding its global reach and improving on its features. The mobile parking app provides an exceptional user experience for its loyal customers by constantly innovating on its premise to make parking easier.

The most notable upcoming addition to PayByPhone’s suite of features is map-based parking, which empowers drivers to search for and locate PayByPhone locations. The app will also support multiple languages in the next few months, adding Spanish, Mandarin and Punjabi to their current offerings of English and French. PayByPhone will showcase these and other new features at the 2018 International Parking Institute (IPI) Conference & Expo in Orlando from June 4th to June 6th, giving parking providers the ability to test-drive them first hand prior to their highly anticipated launch.  

The second half of 2018 continues with the same exciting momentum, with PayByPhone working closely alongside parent company Volkswagen Financial Services (VWFS) to delve further into the mobility landscape. “I look forward to entering an ongoing dialogue with our clients and consumers to ensure that we exceed their expectations, while providing our world-class mobile solution,” said Andreas Gruber, PayByPhone President & CEO. “Together we can shape the future of mobile payments for parking, as well as the wider world of mobility services.”

The company has grown its reach by 10.7K spaces since March 2018, representing the acquisition of 14 new clients in North America and the United Kingdom. With PayByPhone supporting over 17 million registered users who completed more than 70 million parking transactions throughout 2017, the app is quickly becoming a household name across the globe. PayByPhone’s exponential growth within the last year alone is also noteworthy, having achieved a 36% increase in new users year-over-year from 2016 to 2017.

Ready to take advantage of the leading mobile parking payment solution? Visit www.paybyphone.com for more information, or connect with us by contacting sales@paybyphone.com. The team will also be available to chat from June 4th to June 6th at the 2018 IPI Conference at booth 1601.

ABOUT PAYBYPHONE

PayByPhone is one of the fastest growing mobile payments companies in the world, processing more than $345.6 million USD in payments annually. Through the company's mobile web, smartphone and smartwatch applications, PayByPhone helps millions of consumers easily and securely pay for parking without the hassles of waiting in line, having to carry change or risking costly fines. Registration is quick and easy and the app reminds the user when their parking is about to expire, allowing them to top up from anywhere, at any time.

Contact:
Name: Megan Smit
Designation: Marketing Director, PayByPhone Global
Email: msmit@paybyphone.com
Contact: (+1) 650 - 451 - 2489

An image accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3e8f8fc3-4969-40cb-a183-0de91c22473a

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