
Cloud-based payment processing for mobility and parking, integrating digital and physical transactions with advanced reconciliation and security
Vendor
Passport Labs
Company Website
Passport Payment Processing is a cloud-based payment platform designed for cities and mobility operators to manage all parking and mobility-related transactions. The system eliminates the need for third-party gateways by providing a fully integrated, certified merchant services provider across all Passport products. It processes both digital and physical transactions—including those from mobile apps, meters, and pay stations—while offering daily settlement, automated reconciliation, and robust reporting. The platform is PCI-compliant, delivers discounted processing rates for small transactions, and provides advanced security to mitigate fraud and chargebacks. Operators benefit from lower costs, faster access to funds, and a streamlined payments infrastructure that supports a wide range of payment channels and devices.
Key Features
Integrated Payment Processing Unified platform for all digital and physical parking transactions.
- Supports mobile apps, meters, pay stations, and more
- Eliminates third-party gateways and processors
Automated Reconciliation Matches parking activity to payment records automatically.
- Reduces manual effort and errors
- Provides daily, weekly, and monthly settlement options
Discounted Processing Rates Specialized for small transaction sizes in parking and mobility.
- Access to lower credit/debit card rates
- Reduces processing costs by up to 50%
Advanced Security and Compliance Level 1 PCI PA-DSS certified environment.
- Removes sensitive card details from the system
- Mitigates fraud and chargebacks, especially for unattended payments
Comprehensive Reporting and Dashboards Visual and downloadable reports for all payment activity.
- Real-time dashboards for revenue and transaction analysis
- Simplified rate and restriction management
Multi-Channel Support Processes payments from various channels and devices.
- Mobile app, web, SMS, meters, pay stations, and third-party integrations
Closed-Loop Wallet Option Municipality-specific prepaid wallet for parkers.
- Funds held by the municipality, not Passport
- Reduces ongoing merchant processing fees
Benefits
Lower Processing Costs Reduces transaction fees and hardware maintenance.
- Discounted rates for small transactions
- Less reliance on physical hardware
Faster Access to Funds Daily settlement for improved cash flow.
- No waiting for funds or delayed receivables
Operational Efficiency Automates reconciliation and reporting.
- Frees staff from manual accounting tasks
Enhanced Security Protects against fraud and chargebacks.
- PCI-compliant, secure environment
Improved Customer Experience Supports multiple payment options and channels.
- Enables contactless and convenient payments