Parco is a mobile application that enables users to pay for parking through barcode or QR code scanning, eliminating the need for cash and reducing wait times at payment kiosks. By partnering with parking facilities, Parco enhances the parking experience for over 1.5 million users across Latin America, streamlining transactions and improving convenience.
Funding
$10K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional parking payment methods often involve waiting in line at payment kiosks, handling cash, or dealing with outdated systems, leading to inconvenience and wasted time for drivers. These methods lack seamless integration with mobile devices and do not offer a contactless payment experience.
Solution
Parco is a mobile application that streamlines the parking payment process by enabling users to pay directly from their smartphones. By partnering with parking facilities, Parco eliminates the need for physical tickets and payment kiosks, offering a contactless and efficient solution. Users can scan a barcode or QR code, or manually enter parking details to complete their payment, reducing wait times and enhancing the overall parking experience. The app supports various payment methods, including credit and debit cards, digital wallets, and prepaid options, providing flexibility and convenience for a seamless transaction.
Target Audience
Parco primarily targets drivers who frequently use parking facilities and seek a convenient, contactless payment solution, as well as parking facility operators looking to enhance customer experience and streamline operations.
Features
- Barcode and QR code scanning for quick payment processing
- Manual entry option for parking ticket details
- Integration with multiple payment methods, including credit/debit cards, Apple Pay, SPEI transfers and OXXO Pay
- Option to purchase Prime memberships for exclusive benefits
- Digital receipt generation and storage within the app
- Location services to discover and navigate to partnered parking facilities
- Push notifications for payment reminders and promotional offers