Working with Preferred Valet Parking (PVP) – a renowned San Diego valet service – PayByPhone will be available for use in two PVP managed lots, improving the parking experience for patrons frequenting nearby small businesses.
According to a recent study released by the San Diego Economic Development Council and the San Diego & Imperial Small Business Development Center, small businesses are a critical segment to address and a life force of the local economy. The study indicates small businesses represent 98% of San Diego’s business landscape and employs roughly 59% of the workforce. Eliminating parking as a barrier to sales for these businesses is PVP and PayByPhone’s ultimate goal.
“We’re working with PayByPhone to offer new opportunities for growth and providing effortless parking to small businesses through off-street parking lot owners,” said Nick Bernal, owner of Preferred Valet Parking.
“San Diego is known for being America’s Finest City, and undoubtedly parking plays a role in upholding that reputation,” said Roamy Valera, CEO of PayByPhone. “Whether you’re visiting your favorite small business or trying to catch the Aztec’s playing at home, parking is the last thing anyone wants to worry about. Working with PVP and others in the San Diego area, we’re taking the stress out of the process.”
For more information, visit paybyphone.com
PayByPhone is one of the fastest growing mobile payment companies in the world, processing over 125 million transactions annually, totalling more than $550 million USD in payments. Through the company's mobile web, smartphone and smartwatch applications, PayByPhone helps millions of consumers easily and securely pay for parking without the hassles of waiting in line, having to carry change or risking costly fines. A subsidiary of Volkswagen Financial Services AG, PayByPhone is leading the way in the creation of the mobile future.