No more loose change: PayByPhone provides San Francisco with new #NFC parking system

No more loose change: PayByPhone provides San Francisco with new #NFC parking system PayByPhone, the payment systems provider in North America has recently been selected by the San Francisco Municipal Transportation Agency (SFMTA) to institute their NFC mobile payment system for parking.

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Currently, the system has gone live in the San Francisco's Castro district; however, the plan is to implement the system in all 30,800 parking spaces in San Francisco.

Neil Podmore, vice president of business development at PayByPhone shares: "This is one of the largest deployments of NFC technology in the United States and shows the practical benefits this technology can deliver in terms of ease of use and convenience. There has been a lot of hype around NFC recently and PayByPhone is pleased to now put the technology in the field for real world applications."

The system allows users to tap their NFC enabled phone against a sticker, which automatically identifies the driver and the parking location. From there, the user is then able to submit the amount of time they wish to purchase. Other features of the system include text reminders when the parking time is close to expiration, and if possible, allows the user to purchase more time.

To learn more about NFC payments and how MTA's across the country are implementing these systems, join us at Cards & Payments USA, October 18-19, in Las Vegas.

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