E-payment for Merchant: here is how MasterCard and Parkeon play their partition in US and Europe.



Progressively, we observe that, the e-payment solutions providers approach the daily activities of their customers and needs in terms of shopping, entertainment, and commerce. Therefore with this partnership, the goal is, to deliver relevant rewards to shoppers at the right moment and in the right place. For local businesses, the goal is to allow them to showcase relevant and appropriate merchant offers in a highly targeted way.
Connectikpeople has observed that, compared to certain solutions, it will not smartphone app installation. A full scale deployment of the merchant offers solution is
currently expected to begin at the start of 2014 across Europe and the US. .
 “The way we shop is changing and today’s shopper wants to feel that they are getting the best and most personalized experience possible. By combining MasterCard’s global network, data and technology assets together with Parkeon’s global distribution infrastructure, we can start the retail experience from the moment we get out of our cars. At MasterCard, we have the opportunity to reinvent and rewire the way people interact with retailers by providing solutions and experiences that work for both the retailer and the shopper. Through our partnership with Parkeon we continue to put the customer journey first by creating products and experiences that are tailored and relevant to local shoppers.” said Hany Fam, President, Global Strategic Alliances at MasterCard.

About Parkeon

Parkeon is a key player in the sector of urban mobility. By providing a single offer encompassing parking management solutions and ticketing solutions for public transport, Parkeon is now present in 55 countries and is accelerating its growth in emerging markets such as Eastern Europe, Asia and Latin America. Parkeon’s capacity for continuous innovation is demonstrated every day. Systems and equipment provided by Parkeon facilitate management and mobility in more than 3000 cities. Parkeon employs over 1,000 employees worldwide and achieved revenues of 168 million euros in 2012.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities such as shopping, traveling, running a business and managing finances  easier, more secure and more efficient for everyone. 

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