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| Press Release

Vancouver’s Favourite App is Here to Stay

VANCOUVER, British Columbia, Oct. 12, 2017 (GLOBE NEWSWIRE) -- PayByPhone has been awarded a new contract to remain the smart parking service of choice for Vancouver residents. The contract is for five years, with five possible one-year extensions. The app processes over 1 million transactions per month within Metro Vancouver alone and serves more than 14 million customers in hundreds of cities across the globe.

50% of Metro Vancouver households are taking advantage of the app’s smart features; these include the ability to pay for parking remotely, receive parking reminders and extend a parking session at any time. “After using various paid parking systems throughout North America, PayByPhone is the easiest, quickest, and most mindful system that exists," explained Vancouver Business Owner, Eric L.

The City’s choice to re-invest in PayByPhone also supports Vancouver’s thriving tech community. Often described as a “BIG” small company, the Yaletown Global Head Office has grown more than 30% since January this year and hosts over 100 employees, with plans to significantly expand in the coming months.

“We are extremely proud to serve our hometown and give citizens and visitors to Vancouver the best mobile parking experience in the world,” said PayByPhone CEO Francis Dupuis. “PayByPhone is a local employer that will be hiring even more people as we enter a new phase of our long-term partnership with the City of Vancouver.”

Want to take the pain out of your parking? You can register for PayByPhone by downloading the app on the Google Play or iOS App Store, or by visiting www.payphone.com.  

ABOUT PAYBYPHONE                                                      

PayByPhone is one of the fastest growing mobile payments companies in the world, processing more than $325 million 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

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