June 3 - 6, 2024
Around the Net
Volkswagen Acquires PayByPhone Mobile Parking Service
- Financial Post, Tuesday, January 3, 2017 8 AM
Volkswagen AG’s financial services arm has acquired Vancouver-based mobile parking payment company PayByPhone in a race to get a foothold in the future transport economy. PayByPhone processes more than $250 million in payments each year, allows its users to securely pay for certain parking spaces with their phones and be alerted when their time expires.
