MobileNOW! Clients Highlight Q3 Results

Parking Operations’ Revenue Soars 25% Year over Year

MobileNOW! App on the iphone 6

MobileNOW!, the global technology innovator with the world’s most flexible mobile payment solution for parking, has announced another successful quarter in Q3 2015.

Consumers throughout the United States park using the free MobileNOW! app, or by calling a local phone number using the MobileNOW! IVR system. In real time, parkers manage their sessions remotely, without the hassle of returning to their vehicles.

Cities, universities and private parking operations using the MobileNOW! platform have reported an average of 25% revenue growth as a direct result of MobileNOW! payments.

We are thrilled to impact our clients’ bottom lines,” said John Oglesby, MobileNOW! President and CEO. “By leveraging MobileNOW!, our clients have eliminated or reduced their capital expenditures, reduced their transaction and credit card processing fees—and, most importantly, have incentivized paid parking by providing convenience and peace of mind to their customers.

MobileNOW! clients who have used MobileNOW! for two or more years have also reported approximately 25% or more mobile payment revenue growth year over year.

Oglesby added, “In general, mobile payment in the U.S. accounts for more than $37 billion revenue. While 25% annual revenue growth—year over year—is extraordinary, it’s only a matter of time before our clients realize even greater revenue increases.

Oglesby has been selected to be a key panelist in mobile payment sessions at the upcoming conferences for the Pittsburgh Parking Association (PPA), Canadian Parking Association (CPA) and the California Public Parking Association (CPPA).

About MobileNOW!, LLCMobileNOW! logo

MobileNOW! LLC, headquartered in Rockville, MD, is the global pioneer, innovator and leading provider of mobile phone and other cashless payment methods for the parking and electric vehicle (EV) charging industry. The MobileNOW! platform, also known as the world’s most flexible mobile payment solution for parking, is available in nine countries and is the only mobile payment solution developed by parking professionals with operations experience. In addition to dramatically improving customers experience and client revenues, MobileNOW! enables virtual payment and collection options, the MobileNOW! platform offers full enforcement, management and reporting capabilities.

MobileNOW! solutions are developed for all mobile devices, including iOS, Android and BlackBerry platforms. For more information, visit www.mobile-now.com or contact info@mobile-now.com.

Media Contact

John Oglesby
john.oglesby@mobile-now.com
303-884-3710
MobileNOW! LLC
2275 Research Blvd, Suite 500
Rockville, MD 20850

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