Mobile payments for parking grow 25% y-o-y in Hungary
Image by Pixabay
Payment for parking via mobile phones rose by 25% in the second year of operation of the National Mobile Payment Company as compared to the first year, the company said yesterday, according to Hungarian news agency MTI.
Drivers in Hungary have paid their parking fees by phone almost 38 million times in the past two years, MTI reported.
Since the launch of National Mobile Payment Company on July 1 2014, the firm has been operating as a sole collector of parking fees through mobile phones, although the company also works with resellers, MTI said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.