Thanks to the integration of Edenred Corporate Payment’s virtual payment cards into the PayByPhone Business offering, companies can manage parking for their vehicle fleets simply, quickly and securely.
In the business world, parking company cars often requires employees to pay upfront out of their own pockets and hold onto multiple receipts for expense claims. For administrative and financial teams, it also means complex and time-consuming management of each employee’s expenses.
The payment solution offered by Edenred Corporate Payment in conjunction with PayByPhone Business gives companies a virtual payment card embedded in employees’ PayByPhone app. This solution significantly streamlines parking payment for users, eliminating the need for them to enter their personal card details.
By digitalizing parking payments and grouping all expenses together on a single platform, PayByPhone Business also facilitates the day-to-day work of corporate administrative and financial teams. Furthermore, fleet managers gain greater visibility over employee business travel and receive a full monthly report for each vehicle.
Sylvia Colloc, Chief Executive Officer of PayByPhone France, said: “This partnership with Edenred Corporate Payment is an opportunity for us to provide our corporate clients with an end-to-end digital payment solution tailored to the parking needs of their vehicle fleets.”
PayByPhone was launched in 2009 with the aim of revolutionizing parking payment to make day-to-day life easier for motorists. Now with more than 35 million users, PayByPhone is available in over 200 French cities, including Paris, Lyon, Marseille, Nantes, Le Havre and Montpellier. PayByPhone continues to strengthen its leadership in France as well as in many cities abroad, such as Geneva, San Francisco, Miami, Brussels, Amsterdam and London. Thanks to the PayByPhone app, users can pay for their parking and manage it remotely from their smartphone in over 1,000 cities across 14 countries, all in just three clicks.
Edenred Corporate Payment is a subsidiary of Edenred, a global leader in payment solutions for the world of work. Whether through single- or multi-use virtual cards with or without information systems integration, identified wire transfers or supplier payment platforms, Edenred Corporate Payment enables companies of all sizes and in all industries to meet their specific payment needs. The Group’s agile platforms simplify and secure client’s incoming and outgoing transactions, while also facilitating their payment reconciliation process.