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December 20, 2018

On the web

Briefing: WeChat rolls out auto payment system for car parking

TechNode

“Tencent has launched an automated payment system under its WeChat Pay operation for car parks across China. The system has been implemented in more than 1,000 parking lots nationwide in major shopping malls, railway stations, and airports. A company executive says the system will be expanded to parking sites in schools and popular tourist destinations. Users are required to register their plate numbers under their WeChat accounts. Their plates are then scanned at the exit of parking lots and matched with the company’s database of WeChat Pay users.”

October 9, 2018

On the wires

Passport Advances Mobility Platform with NuPark Acquisition

“Passport today announced it has acquired NuPark, a leading parking management technology company. NuPark’s advanced LPR-based enterprise management solution for enforcement and permitting will help complement Passport’s strong base of mobile payment solutions to create a comprehensive mobility platform. Approximately 1 in 3 vehicles in the United States are processed through the combined system network, making Passport and NuPark leading players in the transportation industry.”

September 21, 2018

On the web

Bay Area Transit Board To Consider a Big Fare Contract, but Open-Loop Payments Aren’t Included

Digital Transactions News

“The San Francisco Bay Area’s Metropolitan Transportation Commission next week will consider a $461 million contract with Cubic Transportation Systems to modernize the Clipper fare-payment system used by 22 separate transit agencies in the region. The upgrade will retain the closed-loop Clipper card that uses near-field communication for contactless fare payments. But it will include a new mobile app for closed-loop contactless payments with a virtual Clipper card, and allow riders to reload their transit accounts.”

May 4, 2018

On the web

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