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October 1, 2020

TEZ powers T2 Systems’ new mobile payment solution T2 MobilePay

Parking technology solution provider T2 Systems has teamed with mobile payment provider TEZ to launch T2 MobilePay, a mobile parking payment solution.

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This solution enables users a simple and convenient way to pay for parking on their smartphones whilst empowering operators to own their data and generate revenue.

TEZ is a developer of TEXT2PARK, an app-free, cloud-based mobile solution for the parking and hospitality industries.

Powered by TEXT2PARK, T2 MobilePay integrates T2’s parking management software ‘Iris’ and ‘T2 Luke Pay Stations’ with TEXT2PARK’s turnkey mobile payment functionality.

This enables parking operators to record all transactions in a single system and gives them complete control over customers’ parking activity and data.

TEZ chief revenue officer Steve Resnick said: “With app-free, SMS-based TEXT2PARK and T2’s industry-leading Iris software, T2 and TEZ have delivered two best-in-class solutions that forge a new standard for mobile payments in parking and mobility.”

The app-free solution only requires users to text an SMS short code or scan a QR code to pay for parking online.

It saves the licence plate and payment information automatically for future visits. Users need not create an account.

T2 Systems VP of Product Management Michael Hamilton said: “In today’s market, generating revenue, offering end users touchless solutions, and owning customer data is of utmost importance to parking operations.

“T2 is thrilled to partner with TEZ to check all three of these boxes for our customers with T2 MobilePay, further enhancing the value of the Iris platform.”

Additionally, the T2 MobilePay operators can still utilise the existing third-party parking app services. The new solution provides a separate revenue stream for operators.

It can be used to send geotargeted online messages to users in real-time, allows operators to add their own branding and provide digital receipts.

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Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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