MasterCard and Parkeon Unlock Parking Meters for Hyperlocal Offers

MasterCard and Parkeon Unlock Parking Meters for Hyperlocal Offers

At the International Parking Institute annual conference, MasterCard (NYSE:MA) and Parkeon today announced the launch of “City Connector”, a unique couponing platform that delivers offers and services from local businesses via on-street parking meters.

The solution, powered by the Enterprise Offers Platform from MasterCard, turns traditional parking meters into connected devices to engage consumers, providing cities with a smart way to connect local businesses with citizens and visitors. The SaaS (software as a service) solution allows 3rd parties to publish offers, manage entire campaigns and specify targeting criteria, enabling more relevant and more customized experience for consumers around the globe.

The first implementation of City Connector will be in Downtown Las Vegas around its newest retail destination, Container Park (707 Fremont Street). A total of 16 interactive kiosks will go live today with offers from participating stores and restaurants.

No registration or sign-up process is needed, enabling people parking their car or just walking by to scroll through the offers local businesses are displaying via the parking meters. Customers can then select any deals using the kiosks’ interactive screens, after which the relevant coupons are immediately printed. These coupons can then be redeemed at point of sale when visiting the merchant.

Brandy Stanley,City of Las Vegas Parking Services Manager, comments: “City Connector will provide a new and innovative way for Las Vegas to deliver value to our citizens and to support the local business community. By guiding people from their cars directly to local businesses, it totally rethinks the concept of a parking meter. We are excited to see the impact it will have on the Downtown Container Park and the businesses that have enrolled in the service.”

The launch demonstrates MasterCard and Parkeon’s shared vision to enhance the urban mobility experience. Combining MasterCard’s global network and loyalty platform with Parkeon’s world leading parking services, the collaboration is ideally placed to connect multiple parties within a city for the benefit of consumers and local economies.

“MasterCard is at the heart of smart city development. We partner with innovative municipalities and companies around the world to realize unfulfilled potential across cities, ultimately transforming the urban experience for citizens and visitors,” says Will Judge, Head of Urban Mobility at MasterCard.

Bertrand Barthelemy, CEO of Parkeon adds: “Parkeon has a strong history of delivering innovative parking solutions and is thrilled to be working with the City of Las Vegas to bring City Connector to its citizens and local businesses. In partnership with MasterCard, we have developed a solution that is truly unique; City Connector has the potential to enhance how people interact in cities and we look forward to bringing this new service to other cities across the globe.”

About MasterCardMasterCard logo

MasterCard is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.

About MasterCard Enterprise Partnerships

The MasterCard Enterprise Partnerships team has been formed to bring MasterCard’s existing assets, technology, network, reach, products and solutions to bear in areas that are outside MasterCard’s traditional domain. We are partnering with global market leaders who have significant depth of experience in their industries, combining their knowledge and infrastructure with our assets in order to drive real enterprise value.

About ParkeonParkeon logo

Parkeon is a key player in the sector of urban mobility. By providing a single offer encompassing parking management solutions and ticketing solutions for public transport, Parkeon is now present in 60 countries and is accelerating its growth in emerging markets such as Eastern Europe, Asia, Africa and Latin America. Parkeon’s capacity for continuous innovation is demonstrated every day. Systems and equipment provided by Parkeon facilitate management and mobility in more than 4000 cities. Parkeon employs over 1,000 employees worldwide and achieved revenues of 195.5 million euros in 2014.

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