The companies, which already work together in a number of US cities, including Las Vegas and Oklahoma City, are enhancing their relationship with additional technology integration and coordinated sales efforts.
The Duncan/Peppercoin partnership brings new features to multi-space parking pay stations, including credit and debit card-enabled meters, parking loyalty programs and online customer care.
The meters also have an aggregation system that reduces card processing costs by bundling parking transactions from the same motorist into one larger transaction. With this feature, municipalities can benefit from cost savings on per-transaction processing fees.
New parking payment models are also available. Municipalities can provide pre-paid parking offers in addition to traditional pay-as-you-go pricing. For instance, consumers can purchase a package of 20 hours in advance and receive two extra hours of parking at no charge.
