This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

PangoUSA Launches Nationally In Two Of The Top 10 U.S. Cities

In Phoenix, Pango partnered with Red Development's CityScape the 1.1 million-square-foot mixed-use urban project with 50 retailers, commercial office towers, and the 5-star Polomar Hotel.  Using the Pango app, patrons to CityScape can pay for parking, open and close garage gates, validate their parking from retailers, and receive special offers from CityScape retailers.  CityScape has one of the largest urban parking systems and is located in the heart of the city in close proximity to the US Airways Center Arena. Pango is also being implemented with the American Valet garage system in downtown Phoenix.

Phoenix Mayor Greg Stanton stated, " Downtown Phoenix is the heart of our city with businesses, culture and nightlife that are second to none.  I'm excited that the Pango app will make it easier for people to park downtown and it is a great example of how innovation is creating a great urban core."

In New York City, Pango is integrated with TicketTech, a garage ticketing system, to make "this magic happen" stated Edwards.  The Pango app has been live in Towson, Maryland and Latrobe, Pennsylvania for several months.

Pango invented the science behind pay by phone parking, and was awarded the US Patent (5,940,481) in 1997 making the company the first in the world to have this technology.  Today, Pango operates in 47 cities worldwide, serving more than 1 million active accounts, and processing approximately 2 million transactions monthly.  For example, 89 percent of the parking payments in Israel are paid using Pango.   Pango is one of the only companies in the world which provides on-street, gated, valet, event, and fleet based parking services through an app.  

According to Edwards, "The company will aggressively roll out Pango across the USA in the coming months.  Cities and parking operators will not only have a great services for their consumers, but they will also have the most affordable and value driven service backed by the best science in the world for pay by phone parking."

About PangoUSA, LLC:  Pango is the world's first provider of pay by mobile phone parking solutions.   Its offerings include mobile payments for on-street parking, gated parking, valet, and fleet parking.  Pango offers real time enforcement and traffic analytics.   The Pango system also integrates location-based coupons into the app.   It is in use in 47 cities worldwide, serving more than 800,000 active accounts, and processing approximately 2 million transactions monthly.  Invented in 1996, Pango received patents (US Patent No. 5,940,481) for this first-of-its-kind technology in the United States, China, Hong-Kong and Israel; it has been in use since 2006. For more information on how to bring PangoUSA to a city, please visit PangoUSA.com or contact by email info@pangousa.com.

 

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,288.63 +155.93 0.86%
S&P 500 2,117.39 +12.89 0.61%
NASDAQ 5,008.0960 +44.5690 0.90%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs