FOR IMMEDIATE RELEASE 

IPS Group Showcases Expanded Digital Payments Portfolio at IPMI Parking & Mobility Conference

Digital payment technologies increase convenience and choice for customers, optimize mobility programs for municipalities and universities, and enable frictionless parking environments

SAN DIEGO, CA, June 13, 2023 – IPS Group (“IPS”), a leading Smart Parking digital payments solutions provider, will demonstrate at the IPMI Parking & Mobility Conference & Expo in Fort Worth, TX June 11 – 14, 2023 how new digital payment enhancements enable “frictionless” parking.

“The COVID-19 pandemic rapidly accelerated the adoption of digital payments, and it’s here to stay,” says Chad Randall, IPS CEO. “As consumers demand diverse digital payment options, we deliver a fully accessible, simple, and seamless payment experience, and support our customers as they extend this convenience to their communities.”

Digital payment technologies and services from IPS improve the entire customer experience spectrum, and optimize program efficiencies for municipalities, universities, and other parking agencies.

Frictionless Parking Experience

 

Increased Revenue and Cost Savings Opportunities for Parking Programs

Agencies leverage IPS digital payment technologies and support services to optimize parking programs.

  • Data Management System: The IPS parking management software enables digital payment trend reporting and insights that drive demand-based rate structures that can increase revenue. Agencies can integrate their entire parking network, which can support complete data aggregation, including additional third-party mobile apps and digital payment platforms alongside IPS.
  • Payment Processing Services: IPS offers payment processing services as well as an IPS-exclusive program that saves customers up to 35% on their monthly merchant fees. This can mean a savings of hundreds, thousands, or tens of thousands of dollars each month based on the number of regulated debit card transactions.

IPMI conference attendees and the press are invited to booth 1019 for a guided demonstration of the breadth of digital payment solutions offered as part of the IPS Fully Integrated Smart Parking Ecosystem.

Says Randall: “Nearly two decades ago, we introduced the industry’s first single-space parking meter to accept credit cards, transforming parking management. As customer preferences expand into a variety of digital payment channels, IPS will continue to be at the forefront by offering our customers all of these options in an integrated Smart Parking technology portfolio. Our goal is to continue our legacy of innovation to drive speed, convenience, and consumer choices to achieve a more frictionless parking experience.”

About IPS Group

IPS Group, headquartered in San Diego, Calif., with offices across North America and Europe, is a designer, engineer and manufacturer of low-power wireless telecommunications, payment processing systems, intelligent data management and cloud-based technologies. IPS provides Smarter Parking for Smart Communities™ of any size through its Fully Integrated Smart Parking Ecosystem of connected applications including Smart Parking single-space meters, multi-space pay stations, pay station upgrade kits, vehicle detection sensors, mobile payment, enforcement and permitting solutions, hosted data management and analytics software, and more.

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