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NYC seeks Mobile Payments for Parking Fines

Posted by Narvin Seemungal on December 30, 2014 in

Narvin Seemungal

New York City has plans to develop a mobile payment system as an easier option to pay fines for parking violations. The city’s Department of Finance issued a request for information seeking input and bids for the development. The department is considering alternative payment options such as Bitcoin, PayPal and Apple Pay but will also include traditional payment mechanisms such as credit or debit cards, or Automated Clearing House payments.

The city issues between 8 to 10 million parking tickets annually resulting in revenue between $550 million and $600 million from base fines and penalties on the parking violations.

A couple major functions that would need to be accounted for via the system is the ability for an alleged parking violator to request a hearing as well as the support for real-time payments or the scheduling of hearings for “windshield” tickets that have been issued but not yet loaded into the department’s IT systems.

 

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