Glance Technologies Announces Upcoming Ticket Payment Capability

Fintech Investing

Glance Technologies (CSE:GET.CN) announced its upcoming ticket pay feature within its Glance Pay platform. The company said that this feature further demonstrates the platform’s flexibility, value and applicability to a wide range of payment scenarios. According to the company, the initial feature will allow users to pay for parking violation tickets at the time of …

Glance Technologies (CSE:GET.CN) announced its upcoming ticket pay feature within its Glance Pay platform. The company said that this feature further demonstrates the platform’s flexibility, value and applicability to a wide range of payment scenarios.

According to the company, the initial feature will allow users to pay for parking violation tickets at the time of receipt by snapping a picture of the ticket via the app and confirming the amount.

As quoted in the press release:

A common scenario for consumers today who park in urban areas is to return to their vehicle to find a dreaded $70 parking violation ticket on their windshield.  If the ticket is not paid within a limited number of days, the payment amount can increase significantly, sometimes by $35 or more.  Consumers often throw the ticket in their car and carry on, hoping to remember to pay it sometime in the future.  Often the payment options are not convenient.  For example, some jurisdictions still require payment for traffic violations to be done by mailing checks.  And if a few unpaid parking tickets buildup, consumers’ vehicles may be towed and impounded, which is quite inconvenient and costly.

Parking tickets are a significant industry, with some individual parking authorities generating more than $100m annually from parking infraction notices alone1.

“The hassle of paying for parking and traffic tickets is something that we have wanted to solve for some time,” says Glance CEO Desmond Griffin, “This is a natural fit for our Glance Pay application and we are excited by the opportunity it presents. We believe there are many more payment scenarios like this which can benefit from our technology to improve convenience for consumers and operators alike.”

Click here for the full text release.

 

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