XACCT Technologies, the
leading provider of business infrastructure software solutions for IP
networks, announced that Parking Partners, the leading developer of
innovative, market-driven solutions for the parking industry, has selected
XACCT Technologies to enable wireless parking payment solutions in Europe.
This innovative mobile commerce (m-commerce) service will allow users to
charge their wireless accounts for parking fees using any mobile device.
XACCT’s N2B(TM) (Network-to-Business) software platform allows Parking
Partners to execute large-scale payment collection in real time. This
innovative service eliminates the need to physically collect money and
gives drivers the convenience of paying for parking via their phone bills.
Parking Partners park&dial(TM) product will enable motorists to pay for
their street parking using their mobile phones or any wireless device.
Parking revenues will be billed to the motorist’s mobile phone bill or
credit card account. This provides convenience for drivers while
simultaneously improving revenue capture and time to revenue for parking
“Parking Partners’ market expansion plans are based on securing
best-in-breed partnerships to assist with our launch of one of the first
mass-market mobile commerce applications. Recent recognition from Gartner
that positions XACCT as a market leader in the mobile telecommunications
middleware sector, confirms their status as an ideal partner for Parking
Partners,” said David Andrew, CEO of Parking Partners. “Our portfolio of
mobile Internet software products will offer real, immediate income streams
for mobile operators.”
In the near future, car owners will be able to derive many advantages from
the combination of Parking Partners’ mobile technology and XACCT’s N2B
platform, that is able to capture and transform raw network usage data from
General Packet Radio Service (GPRS) and Universal Mobile Telephone Service
(UMTS) networks into information to be used for billing, fraud prevention,
and other support applications.
“Parking Partners has developed a potential killer application for mobile
Internet users in Europe,” commented XACCT’s Stig Landstrom, regional
director, Northern Europe. “The partnership between Parking Partners and
XACCT brings the benefits of m-commerce to consumers. This solution not
only provides consumers with a quick, secure, and easy method of payment,
but also gives a shorter time-to-revenue model for parking operators. XACCT
is pleased to be working with Parking Partners in delivering this
pioneering mobile commerce application.”
About Parking Partners
Parking Partners(TM) (www.parkingpartners.com)
specialize in the
development of innovative, market driven solutions for the parking
industry. Parking Partners software solutions allow seamless integration of
parking, telecommunications, financial and billing partners, to meet the
needs of both the motorist and parking lot operator.
Parking Partners have developed a broad portfolio of parking payment &
enforcement software solutions. This product range will meet the needs of
changing consumer lifestyles and industry dynamics in the emerging
Mobile-Internet environment. Parking Partners Limited was founded in Dublin
2000 with additional overseas offices in New York and London. Parking
Partners AB was incorporated in Stockholm in February 2001 to support
expansion in Sweden and the rest of Scandinavia. Parking Partners have a
wide range of strategic and financial partners including Telia Mobile, SEB,
PEEK Traffic and XACCT.
About XACCT Technologies
XACCT Technologies is the market and technology leader in intelligent
business infrastructure software for Internet carriers and network service
providers. XACCT’s award-winning, carrier-class Network-to-Business
(N2B(TM)) platform speeds time to market and time to revenue for new
Internet services while lowering service provider costs. XACCT offers the
industry’s first and only platform that enables real-time data capture and
enhancement; seamless integration with any upstream business or operations
application; and instantaneous, flow-through service provisioning.