Mobile payments for parking: Simplify your parking management with technology that scales.
Work with a parking & transportation payments expert
Passport Payments is integrated across the entire Passport product suite - including connected partners - making it simple to manage and collect your daily credit and debit card funds.
Don’t get stuck paying high fees on small transactions
Why manage multiple vendors, when all you need is one?
Get peace of mind knowing that your processor is a certified payments processor
One partner for all of your parking management needs
Passport’s product suite comes integrated with Passport Payments, eliminating the need for third-party gateways and processors. As your payments partner, we can help you lower processing costs through our negotiated credit and debit card rates in the parking segment, give you faster access to your funds with daily settlement and provide the highest level of security through the use of an advanced tokenization system that removes sensitive card details from our processing environment. Passport is a registered, full-service merchant services provider, and is Level 1 PCI PA-DSS certified.
Cities often enter into contracts with banks or merchant processors for city-wide card processing services. These one-size-fits-all processors cost financial managers hours each week in reconciling processing data with back office systems. Integrated payment solutions, like Passport Payments, automate reconciliation processes by connecting parking activity with merchant processing data in a single back office dashboard. This decreases the time spent reconciling while simplifying the management and collection of funds.
Many cities want to give parkers the option to extend parking sessions. This, however, can mean paying a merchant processing transaction fee not once, but twice. Passport is committed to a clean rate structure and assessing the merchant processing transaction fee one time per each settled transaction, even an extended parking session. This can save cities up to 20% in merchant processing transaction fees.
As mobile parking payments increase, there is an opportunity to increase digital payment adoption beyond traditional parking apps. Cities with Passport Payments can leverage an open parking ecosystem allowing providers, such as mapping service apps, connected vehicles or lifestyle apps, to leverage Passport’s parking rate engine via APIs to add parking payments into their app.
Parking payments are small ticket transactions, yet cities often face standard interchange rates which can average 8% - 10% in card processing fees alone on a $3.00 transaction. Passport, a small payments expert, has built its business around these types of transactions and has negotiated special credit & debit card rates. We often can shave 2% - 4% off a city’s card processing fees.
Integrate payments with your operations
We’re excited to share our predictions for 2020 about the hot topics in our ever-changing industry