According to Inrix, the partnership strengthens the prediction capabilities of its On-Street Parking by adding historical and real-time parking transaction information. It also adds significant coverage to the company’s in-car payment solution in North America and Europe.
Inrix launched its dynamic off-street parking service in 2013, and introduced an integrated on-street parking solution in 2015, which will soon be available in BMW ConnectedDrive. The company's investment in the parking industry was highlighted by the acquisition of ParkMe in 2015.
Vancouver-based PayByPhone provides payment technologies via mobile web, smartphone, smart watch and now the car, with more than five million parking, tolling, public transit, bike share and EV charging transactions a month in cities across North America and Europe.