Precise ParkLink is partnering with MasterCard and payment processor Moneris Solutions to integrate MasterCard’s PayPass technology into its payment terminals across Canada, allowing customers to pay parking fees with the tap of a contactless card.
ParkLink will integrate PayPass over the next three years, covering more than 160 parking lots in the Greater Toronto Area. The technology will be included in existing payment terminals, such as parking lots and street meters.
“We are very happy to partner with progressive organizations like MasterCard, to provide the most secure and reliable payment options available on the market,” comments Peter Groccia, President of Precise ParkLink.
Tests of the integrated terminals were completed in January, with public integration already underway.