Revolutionising parking payments

A new way to pay for parking 

PayByPhone, the leader in mobile parking payment in France and internationally, joined forces with Edenred Payment Solutions to expand the range of services offered through PayByPhone Business, a parking management and payment solution for corporate fleets.

Challenge

In the business world, parking company cars often requires employees to pay upfront out of their own pockets and hold onto multiple receipts for expense claims. For administrative and financial teams, it also means complex and time-consuming management of each employee’s expenses.

PayByPhone knew there must be a way to streamline this process and take the stress out of the daily commute for those driving company cars.

Solution

The payment offering provided by Edenred Payment Solutions in conjunction with PayByPhone Business gives companies a virtual payment card embedded in employees’ PayByPhone app. This solution significantly streamlines parking payment for users, eliminating the need for them to enter their personal card details.

By digitalising parking payments and grouping all expenses together on a single platform, PayByPhone Business also facilitates the day-to-day work of corporate administrative and financial teams. Furthermore, fleet managers gain greater visibility over employee business travel and receive a full monthly report for each vehicle. 

Edenred Payment Solutions support PayByPhone through: 

• Virtual card issuing

• Card and payment processing

This partnership with Edenred Payment Solutions is an opportunity for us to provide our corporate clients with an end-to-end digital payment solution tailored to the parking needs of their vehicle fleets.

Sylvia Colloc, Chief Executive Officer of PayByPhone France 

Results

Thanks to the integration of Edenred Payment Solutions’ virtual payment cards into the PayByPhone Business offering, companies can now manage parking for their vehicle fleets simply, quickly, and securely.

Fleet managers can add, remove and authorise drivers and vehicles easily, and payment can be made from one credit card for all drivers for maximum simplicity. For added security, once a driver or vehicle is deleted, the associated business payment card will immediately be unlinked from that driver’s PayByPhone account, safeguarding the corporate account.

Authorised fleet drivers also benefit from PayByPhone Business as they pay for their parking in just 15 seconds using the PayByPhone app, representing a 75% faster transaction time than with other payment methods.