Passport’s performance highlights customer profit growth and more than $ 2 billion in mobility payments processed

CHARLOTTE, NC, March 11, 2021 / PRNewswire / – Cities across the country partner with Passport, a transportation software company that helps manage vehicle interactions with streets and sidewalks through a unique digital parking payment technology. The parking industry is benefiting from the tailwind of economic recovery and Passport is well positioned to focus on the needs of its customers with the expansion of services through critical partnerships.

Khristian GutierrezCities are looking for private partnerships to support their pandemic recovery efforts, according to Passport’s chief revenue officer. “Our operating system provides the digital infrastructure cities need to manage and consolidate back-end operations and provide parkers with more contactless payment choices,” he said. “The park ecosystem is part of a city’s recreation, but it’s a key part of helping cities generate revenue after such a turbulent year.”

Passport supports over 1,000 customers of all sizes in North America and has more than processed $ 2B Mobility transactions to date. The company has seen financial growth of 457% over the past three years and is the second fastest growing software company in North Carolina. Deloitte welcomed this growth along with the company’s innovative mobility capabilities in late November, placing the company in 246th place in its Technology Fast 500™ for 2020.

Many cities have turned to Passport to generate lost revenue and get back on track after the pandemic. Hamilton, Ontario introduced Passport’s mobile payment solution in July 2020 and more than doubled parking transactions for mobile payment in less than four months. From the beginning of 2020 to the end of December Vancouver, Washington Mobile payments revenue has grown exponentially, nearly 2.5 times. “The nice thing about the Parking Kitty app is that people can’t touch a pay station,” says Vancouver Parking Manager. Steve Kaspan. “It gives calm to those who are nervous about public contact points.”

At the end of 2020, the City of Bend, Oregon began using the Passport operating system to provide Passport’s mobile paid parking, parking monitoring and digital authorization solutions. Tobias Marx, Head of Parking Services for Bend, he explains, he spent more than half of his day handling complaints manually. Now that a digital solution is in place, it takes 30 minutes. “”Bend attracts thousands of visitors every year, so it’s important that we offer easy parking fees and equip ourselves with technology to encourage parking compliance, “he says.” Without Passport, we would never have been able to perform these enforcement upgrades. “

In February 2021, Passport also announced the expansion of Passport within Google Maps to bring even more drivers across the country another digitized parking payment option and seamless parking experiences. “These third-party partnerships are a natural extension of our mission that makes paying parking fees easy and accessible,” says Khristian. “By working with external providers, we can expand our product range and offer cities even more options to manage their parking ecosystem effectively and efficiently.”

A successful start to the year of launches and key partnerships highlighted the company’s value to cities and demonstrated the capabilities of the Passport operating system beyond seamless mobile payment transactions.

For more information on how Passport supports city mobility infrastructure, please visit the company’s website.

About the passport
Passport gets cities moving and helps create more livable and fairer communities. Based in Charlotte, North CarolinaPassport is a transportation software company that provides the operating system that cities can use to manage vehicle interactions with streets and sidewalks. With Passport, city guides increase convenience, efficiency and compliance today and tomorrow. Trusted by more than 1,000 cities, universities and agencies, including Chicago, Toronto, The angel, and MiamiOne of the Fastest Growing Companies on the Inc. 5000 and Deloitte Technology Fast 500 lists, Passport was named one of the World’s Most Innovative Companies by Fast Company by 2020.

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Allison Guthrie
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SOURCE Passport