Now you can pay for parking with PayPal on the Green P mobile app
TORONTO, Dec. 19, 2016 /CNW/ - The Toronto Parking Authority is pleased to announce that the Green P Mobile App payment option is now available on all Toronto streets.
Completed ahead of schedule, all pay and display machines across Toronto now have a 4-digit location ID visible on the machines that customers can use to pay for their parking session with the Green P app.
The mobile pay feature of the app gives customers the option to pay for their parking session using their smartphone, delivers reminders before parking sessions expire, and gives customers the ability to extend their parking sessions remotely.
For even further convenience, the Green P app now includes the option of using PayPal to pay for a parking session.
"PayPal is a leading digital payments provider in Canada and we are excited to have them on board as a Green P app partner," said Lorne Persiko, Toronto Parking Authority President. "We are constantly looking for ways to improve the parking experience for our customers. Creating partnerships with great brands like PayPal adds even more convenience to the app, and is something we will continue to do."
"Mobile payments have become popular across Canada. One in four transactions that PayPal processes is through a mobile device. Just in time for the busy holiday season, we are delighted to help Torontonians and visitors pay for street parking from their smartphones," said Paul Parisi, General Manager, PayPal Canada.
A GfK* study in February found that PayPal was the most popular mobile payment platform, with a majority (65%) of Canadians reporting they have used it to pay for online purchases last year. Besides using their online balance, PayPal users can pay for street parking from their bank accounts, credit cards or Visa debit card linked to their PayPal account.
The Green P app was first introduced in March 2015 to non-gated off-street parking lots. To date, there have been approximately 300,000 app downloads.
The extension of the program to on street paid parking is a collaborative effort between the Toronto Parking Authority, the Toronto Police Service that will enforce the rules, and Toronto Transportation Services that maintains the regulations and signage. To learn more, please visit www.greenp.com.
*Source: GfK's annual FutureBuy® study, February 2016. http://www.gfk.com/en-us/insights/press-release/canadians-preference-for-non-cash-payment-methods-continues-to-grow-gfk-study/.
About the Toronto Parking Authority (TPA):
The TPA is a self-sustaining public corporation owned by the City of Toronto. It contributes significant revenues to the City's general reserves while successfully meeting its mandate to provide safe, attractive, conveniently located and competitively priced off and on-street public parking, required by commercial strips and neighbouring residential areas to survive. Recognized as a world leader in parking technology services the Parking Authority has been successful in ensuring that businesses in these areas continue to grow and the neighbourhoods remain vibrant.
At PayPal (Nasdaq:PYPL), we put people at the centre of everything we do. Founded in 1998, we continue to be at the forefront of the digital payments revolution. PayPal gives people better ways to manage and move their money, offering them choice and flexibility in how they send money, pay or get paid. We operate an open, secure and technology agnostic payments platform that businesses use to securely transact with their customers online, in stores and increasingly on mobile devices. In 2015, 28% of the 4.9 billion payments we processed were made on a mobile device. With our 192 million active customer accounts, PayPal is a truly global payments platform that is available to people in more than 200 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 56 currencies and hold balances in their PayPal accounts in 25 currencies. For more information on PayPal, visit www.paypal.ca.
SOURCE The Toronto Parking Authority