PayByPhone Parking Coupons give parkers discounted parking when they shop at participating local businesses, encouraging local shopping while reducing parking costs for customers. This article explains how the program works, the benefits for municipalities, merchants, and parkers, and provides guidance on managing and accessing these discounts.
Contents:
What are the benefits of Parking Coupons?
Can any business offer Parking Coupons?
How can parkers find participating merchants?
How is the parking discount funded?
How are fraud risks minimized?
How do merchants manage their coupons?
How can I learn more or get started?
How do Parking Coupons work?
Here’s a step-by-step guide on how the process works for merchants and parkers:
1. Merchant Registration: Merchants register their business in the PayByPhone app and select a nearby parking location where they want their coupons to be valid.
2. Purchase Requirement: Merchants add to their coupon balance with their desired payment method. Merchants may set a spending threshold that parkers must meet to qualify for a parking coupon.
Directions:👉 Visit PBP menu and select 'For Business' > Click 'Parking coupons' > Read through instructions and click 'Start Now' > Fill in fields, Click 'Continue' > Add a spending threshold and click 'Continue'.
3. Parkers: Drivers who park their vehicle at an eligible location can view nearby participating businesses in the PayByPhone app at the start of their parking session. Once the parking session is confirmed, the merchant's QR code is scanned and the discount is applied to the live transaction.
4. Coupon Redemption: After visiting a participating business and making a purchase that meets the spending threshold, the parker scans the QR code displayed in-store to automatically apply the coupon to their active parking session. The amount redeemed is deducted from the merchant’s coupon balance.
Directions:👉 Purchase parking > Click 'Apply Coupon' > Click 'Scan QR code'
What are the benefits of Parking Coupons?
For Municipalities and Parking Operators: Parking Coupons support local businesses while promoting parking in retail areas. There is no loss of parking revenue as participating merchants pay for the cost of the discounted parking. Parking operators can offer discounts to merchants on their coupon purchases to offset potential rate increases.
For Merchants: Parking Coupons drive foot traffic by showcasing local businesses in the PayByPhone app to nearby parkers. Merchants can easily manage their coupon balances, modify their coupons as needed, and are notified when the coupon balance gets low alerting them to top up before the funds run out.
For Parkers: Parkers enjoy reduced parking costs when they shop locally, allowing them to save money while exploring new businesses in the area.
Can any business offer Parking Coupons?
If a municipality or parking operator has enabled Parking Coupons, businesses located near PayByPhone parking locations can offer Parking Coupons. Merchants must be approved by the participating municipality or parking operator to be able to utilize Parking Coupons.
How can parkers find participating merchants?
When parkers start a parking session at an eligible PayByPhone location, they can view participating businesses in the area directly in the app, making it easy to see where they can shop to save on parking.
How is the parking discount funded?
The parking discount is fully covered by the participating merchant, meaning municipalities and parking providers do not lose parking revenue. Parking operators can add a discount for their merchants.
How are fraud risks minimized?
To prevent fraud, the QR code for coupon redemption displayed in participating businesses refreshes regularly, ensuring only valid transactions result in discounts.
How do merchants manage their coupons?
Merchants can add to or adjust their coupon balance and settings at any time within the PayByPhone app. A notification is displayed on the QR code screen when their balance is low, so they can keep their program running smoothly.
How can I learn more or get started?
Simply download the PayByPhone app to see if Parking Coupons are available in your area. Local businesses can register within the app to start offering discounts and promoting their business today. Merchants can also use THIS LINK to take them directly to the merchant onboarding flow