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Digital Payment Technologies and Streetline Form Partnership
Tuesday, March 1, 2011

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Vancouver, BC, March 1, 2011--(T-Net)--Digital Payment Technologies and Streetline, Inc. announced a new technology partnership that will enable data integration between the two companies' parking solutions.


Now, municipalities, universities and private operators using pay stations from DPT and guided parking solutions from Streetline can help consumers find parking spaces faster, reduce traffic congestion in urban areas and maximize the efficiency of enforcement operations.


Using the Parker smartphone application from Streetline, drivers can quickly locate unoccupied parking spaces. Once parked, consumers conduct their payment transaction at a DPT pay station through a variety of convenient payment options including coins, bills, credit cards, and pay-by-phone. Also, a color graphical display provides clear payment instructions in addition to helpful information about local events and businesses. Consumers can also extend a parking transaction at any pay station or by phone.


In addition to increasing consumer satisfaction, parking operators who implement combined solutions from DPT and Streetline can increase operational performance through a unified view of space occupancy and payment status. Real-time sensor data from Streetline and payment information from DPT enables more efficient and effective parking space management including smarter enforcement. DPT and Streetline will also offer software that provides greater insights into occupancy trends and real-time status of parking availability. This enables parking operators to increase revenues and optimize turnover by implementing dynamic pricing based on demand or time-of-day.


"Our new partnership with Streetline is a great example of how our pay stations and back-end systems interoperate with a rich ecosystem of technology partners in order to deliver a complete and seamlessly integrated parking solution," said Andrew Scott, chief executive officer of DPT. "In addition to the software integration, our pay stations are highly customizable and field upgradeable, making them ideal long-term investments for our clients."


Added Zia Yusuf, chief executive officer of Streetline, "The combination of DPT's convenient payment options and Streetline's sensor-enabled smart parking management system allows consumers to find available parking, using our industry leading Parker smartphone app, while parking providers can leverage next generation technology to more effectively manage their parking assets. We are looking forward to providing leading edge innovation through this partnership to our joint customers."


About Digital Payment Technologies


Digital Payment Technologies (DPT) is an innovative leader in the design, manufacture, and distribution of electronic parking pay stations, management software, and online services for the parking industry. DPT products provide complete financial tracking, control, and reporting on parking revenue collected by cities, municipalities, universities, parking management companies, private operators, and national parks, from customer payment through to bank deposit. In 2007, DPT was named Emerging Company of the Year by the British Columbia Technology Industry Association, and has been included on multiple Deloitte Technology Fast 50 and Fast 500 lists as one of the fastest growing high technology companies in North America.


About Streetline Inc.


Streetline's mission is to make smart cities a reality through the use of sensor-enabled mobile and web applications. As the leading global provider of smart parking solutions to cities, airports, universities and private organizations, Streetline's pioneering technology connects citizens with critical information to improve the way they live and work, while making cities more efficient and lessening their environmental impact. Streetline is a privately held company headquartered in San Francisco, Calif. with smart-parking deployments in cities across California and New York. For more information visit: www.streetlinenetworks.com


Media Contacts:


Chris Warfield

Sterling Communications for Digital Payment Technologies

206-388-5758


Annika Jensen-Lamka

Streetline, Inc.

415-516-3530


Digital Payment Technologies

Burnaby, BC (InfoTech)
100 Employees In BC (100 Total)
Founded: 1997

Digital Payment Technologies is an innovative leader in the design, manufacture, and distribution of multi-space parking meters, management software, and online services for the parking industry.

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Digital Payment Technologies

Posted: Mar 1, 2011

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