Parkonomy will start offering Barclays’ payment service Pingit as a method of payment for parking spaces.
Launched earlier this year, Parkonomy enables users to search for parking spaces from a list of car parks via its website (www.parkonomy.com). Once found, users then complete their booking and payment, all in approximately 30 seconds once registered.
“With more than £1.5 billion transferred to date, Barclays Pingit is proving to be a popular way to pay businesses and transfer money to friends and relatives. There’s nothing more frustrating than realising you don’t have any coins in the glovebox to pay for your parking, so we’re pleased to be working with Parkonomy to extend Pingit’s acceptance to many car parks across the UK,” said Darren Foulds, Barclays managing director for Mobile Banking and Pingit.
“The Payments Council recently announced that cashless transactions have overtaken the use of notes and coins – 48 per cent of transactions last year were made using cash, and that figure is predicted to fall to just 34 per cent by 2024. Digital payment solutions such as Pingit and electronic parking solutions such as ours are the wave of the future,” added Jim Harrow, head of Business Development at Parkonomy.
Digital payments have only started to seriously permeate the car-park arena this year. In June, the American parking technology company Cale allowed US users to pay for parking with the Apple Watch. The following week, PayByPhone introduced an app in Geneva that allowed users to pay for car-park spaces via their smartphones.
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