SAN FRANCISCO--(BUSINESS WIRE)--Boku, Inc., the global leader in carrier billing-based mobile payments, announced a major new expansion in their business, bringing carrier billing to the real world through a new partnership with PassportParking. The multi-city trial will give drivers a new way to purchase daily and hourly parking at select lots around the country, using only their mobile phone number, with the charge appearing directly on their carrier billing statement.
“We’re always looking for innovative ways to improve the parking experience for our customers,” said Bob Youakim, Managing Partner for PassportParking. “People want to park, pay, and get on their way with as little effort as possible. With carrier billing, our parkers can just grab their phones, text, and get back to business. No searching for a pay station or digging for coins or your credit card. That’s a huge value add for our customers.”
Using Boku’s® text-to-pay option to pay for parking, drivers only need to text the parking zone and spot number to a phone number readily displayed at the lot. The payment is authenticated right on the phone, and the charge appears on the user’s mobile statement. Anyone with a phone can pay for parking in less than a minute and they are on their way.
“Over the last year, carrier billing has really come into its own as a preferred payment method on new devices, from Smart TVs to game consoles. But bringing our solution to real world purchases has always been a major goal for Boku,” said Jon Prideaux, Chief Business Officer for Boku. “Our partnership with PassportParking is a perfect example of a real world use-case where carrier billing drastically improves the payment experience and shows the value of mobile payments to a much broader audience of consumers.”
The trial will begin in November in the following cities: Chicagoland, IL; Denver, CO; Charlotte, NC; Ocala, FL; Ft. Lauderdale, FL; and Hudson, WI. These markets were chosen specifically because they are large metropolitan areas that have shown strong adoption of PassportParking’s payment solution.
PassportParking is the industry’s leading provider of integrated cloud-based parking solutions. The company provides the most advanced technology and equipment in an enterprise suite that allows parking providers and owners to manage parking and enforcement operations more effectively and efficiently. The integrated offerings can be seamlessly implemented on both gated and ungated properties and quickly adopted with its Parking as a Service (PaaS) model. For additional information, please visit: www.passportparking.com.
Boku, the leading carrier billing and cross-platform mobile payments company, brings bank-grade payments technology and mobile users together, creating a trusted, accessible platform for consumers, merchants, and carriers alike. Based in San Francisco with offices in Europe, Latin America, and Asia, Boku reaches nearly 4 billion consumers worldwide, across 68 different countries. Boku partners with global merchants including Facebook, Sony, and Electronic Arts. Leading Silicon Valley entrepreneurs and venture capitalists fund Boku including Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures, and NEA.
For more information visit: www.boku.com
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