Passport (company)

Last updated
Passport
Type Private
IndustryWeb and mobile payments software
FoundedMay 2010
FounderBob Youakim
Charlie Youakim
Headquarters
Website www.passportinc.com

Passport is a United States-based payment service provider headquartered in Wilmington, Delaware with offices in Charlotte, North Carolina. [1] Passport provides an enterprise software platform for cities, transit agencies, universities, and private operators in the parking and transportation industries throughout the U.S. and Canada. [2] Passport’s primary applications include mobile payments for parking and mobile ticketing for transit operations. [3] Passport's software allows municipalities and private operators to charge users for parking without hardware payment stations. [4] [5] [6]

Related Research Articles

Parking meter Device for collecting money in order to use a given parking space

A parking meter is a device used to collect money in exchange for the right to park a vehicle in a particular place for a limited amount of time. Parking meters can be used by municipalities as a tool for enforcing their integrated on-street parking policy, usually related to their traffic and mobility management policies, but are also used for revenue.

Mobile payment generally refer to payment services operated under financial regulation and performed from or via a mobile device. Instead of paying with cash, cheque, or credit cards, a consumer can use a mobile to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, it is only in the 21st century that the technology to support such systems has become widely available.

Near-field communication Radio communication established between devices by bringing them into proximity

Near-field communication (NFC) is a set of communication protocols for communication between two electronic devices over a distance of 4 cm or less. NFC offers a low-speed connection with simple setup that can be used to bootstrap more-capable wireless connections.

Parking lot Cleared area that is intended for parking vehicles

A parking lot or car park, also known as a car lot, is a cleared area intended for parking vehicles. The term usually refers to a dedicated area with a durable or semi-durable surface. In most countries where cars are the dominant mode of transportation, parking lots are a feature of every city and suburban area. Shopping malls, sports stadiums, megachurches and similar venues often have immense parking lots.

Opera (company) China-owned Norwegian software company

Opera is a Chinese multinational technology company that specializes in web browser development, fintech, as well as services such as Opera News and YoYo Games. The company's total user base, including users of its desktop browsers, mobile browsers and other services exceeds 380 million monthly active users.

SmarTrip Contactless transit card system used in the Washington, D.C. metro area

SmarTrip is a contactless stored-value smart card payment system managed by the Washington Metropolitan Area Transit Authority (WMATA). The Maryland Transit Administration (MTA) uses a compatible payment system called CharmCard. A reciprocity agreement between the MTA and WMATA allows either card to be used for travel on any of the participating transit systems in the Baltimore-Washington metropolitan area. Unlike traditional paper farecards or bus passes, SmarTrip/CharmCard is designed to be permanent and reloadable; the term "SmarTrip" may refer to both payment systems unless otherwise noted.

Clipper card Public transit ticketing system in San Francisco Bay Area, California, United States

The Clipper card is a reloadable contactless smart card used for automated fare collection in the San Francisco Bay Area. First introduced as TransLink in 2002 by the Metropolitan Transportation Commission (MTC) as a pilot program, it was rebranded in its current form on June 16, 2010. Like other transit smart cards such as the Oyster card, the Clipper card is a credit card-sized stored-value card capable of holding both cash value and transit passes for the participating transit agencies. In addition to the traditional plastic card, Clipper is available as a virtual card in Google Pay and Apple Wallet. Clipper is accepted by nearly all public transit services in the Bay Area, including Muni, BART, Caltrain, AC Transit, SamTrans, Golden Gate Transit, Golden Gate Ferry, San Francisco Bay Ferry, VTA, and many others.

Regional Transportation District Public transport agency in Denver, Colorado

The Regional Transportation District, more commonly referred to as RTD, is the regional agency operating public transit services in eight out of the twelve counties in the Denver-Aurora-Boulder Combined Statistical Area in Colorado. It operates over a 2,342-square-mile (6,070 km2) area, serving 3.08 million people. RTD was organized in 1969 and is governed by a 15-member, publicly elected Board of Directors. Directors are elected to a four-year term and represent a specific district of about 180,000 constituents.

Fortumo Company based in Estonia

Fortumo is an Estonian company which develops a platform for digital service providers for user growth and monetization.

Pay-by-phone parking

Pay-by-phone parking allows any driver parking in a fare required space the option to divert the expense to a credit card or to a mobile network operator via the use of a mobile phone, mobile application or computer, opposed to inserting cash into a parking meter or pay and display machine. SMS pay-by-phone parking was invented by young Croatian innovators and introduced by Vipnet. Since its introduction in Croatian capital Zagreb in 2001 under name M-parking, the number of registered users has steadily increased. By 2004, the Croatian M-parking scheme was the largest in Europe. Today pay-by-phone parking is used by millions of people all around the world.

An app store is a type of digital distribution platform for computer software called applications, often in a mobile context. Apps provide a specific set of functions which, by definition, do not include the running of the computer itself. Complex software designed for use on a personal computer, for example, may have a related app designed for use on a mobile device. Today apps are normally designed to run on a specific operating system—such as the contemporary iOS, macOS, Windows or Android—but in the past mobile carriers had their own portals for apps and related media content.

Cubic Corporation is an American public transportation and defense corporation. It operates two business segments: Cubic Transportation Systems (CTS) and Cubic Mission and Performance Solutions (CMPS).

Host card emulation (HCE) is the software architecture that provides exact virtual representation of various electronic identity cards using only software. Prior to the HCE architecture, near field communication (NFC) transactions were mainly carried out using secure elements.

Bike Share Toronto

Bike Share Toronto is a bicycle-sharing system in Toronto, Canada. The system consists of 6850 bicycles and 625 stations, and covers over 200 square kilometres of the city, from Finch Avenue in the north, Rouge Park in the east, Lake Ontario to the south, and to Long Branch to the west. Bike Share Toronto recorded 234,000 active members and 2,900,000 trips in 2020. The system was launched in 2011 by PBSC Urban Solutions under the BIXI brand and was taken over by the Toronto Parking Authority in 2014.

YooMoney branded as ЮMoney, formerly known as Yandex.Money, is Russia's second largest electronic payment service after "Sberbank Online" according to a 2020 research by Mediascope. It is an online payment service that works with two types of clients — individual users and merchants.

SpotHero

SpotHero is a digital parking marketplace that connects drivers looking to reserve and pay for parking spaces with parking lots, parking garages and valet services. The company, which operates a mobile app and website as well as a parking developer platform, is available in over 300 cities in the United States and Canada. The company is based in Chicago, Illinois.

Venmo is an American mobile payment service founded in 2009 and owned by PayPal since 2012. Venmo was aimed at friends and family who wish to split bills, e.g. for movies, dinner, rent, or event tickets. Account holders can transfer funds to others via a mobile phone app; both the sender and receiver must live in the United States. The company handled $159 billion in transactions in the first quarter of 2018.

5ecret 5tar Inc, doing business as Luxe, was a business that developed, marketed and operated the Luxe mobile app, an on-demand parking and car services mobile application. Using Luxe, customers could submit a request to have their car parked, fueled, washed, charged, serviced or driven home by the company's valets. Luxe was acquired by Volvo Cars in September 2017.

ParkJockey is an American parking revenue and access control startup that allows the real estate owners or operators to streamline parking operations using smart software and hardware technologies and data APIs. On the consumer-facing front, the company has developed a payment terminal kiosk for parking as well as a mobile application to search and pay for parking spaces.

Otello Corporation

Otello Corporation ASA is a Norwegian internet company which develops advertising and mobile software for operators, publishers and advertisers. It operates through its subsidiaries which include AdColony, a mobile advertising platform and network, Bemobi, a subscription-based mobile application and game discovery service, and Skyfire Labs, which provides mobile operators cloud based access for network management and video optimization, and advertising facilitation.

References

  1. "New city app lets you remotely feed the meter". Arizona Daily Star . Retrieved 16 May 2015.
  2. "Mayor Walsh launches ParkBoston to simplify parking". The Daily Free Press . Retrieved 16 May 2015.
  3. "Peoria plans to test app that allows mobile parking payment". Journal Star (Peoria) . Retrieved 16 May 2015.
  4. "New app makes paid parking at Washington Park, Oregon Zoo, easier". OregonLive.com . Retrieved 16 May 2015.
  5. "New app makes parking payments easier in White Plains". The Journal News . Retrieved 16 May 2015.
  6. "Portland Parks & Recreation's Washington Park Introduces New, Free Pay-by-Phone Parking App, Passport". blog.parknews.biz. Retrieved 16 May 2015.