Passport Labs

Product Overview

The Passport Operating System will act as a single source of truth that feeds the rules and rates of a City's parking operation to any City-approved provider, allowing their users to pay for parking in the city while enabling enforcement officers to monitor their compliance. Users will access a single back-office portal for data visualization, reporting, management tasks, and reconciliation of these transactions. The Passport Operating System will empower a City to drive parking revenue through the ubiquitous adoption of contactless payments which realize a 25% - 50% increase in the average transaction versus those at the meter. The Passport Operating System provides the tools which enable City leaders to manage vehicle interactions with streets and sidewalks which positions cities for the monetization of certain assets, such as curb real estate. The Passport Operating System provides the tools for full-service micro-mobility management powered by the same digital platform and rate engine used for mobile parking payments. By applying parking principles to manage micro-mobility fleets that operate within a city, the City can recognize revenue by charging them for their use of the curb and can also drive the behaviors of these operators such as implementing first- and last-mile trips, servicing underserved neighborhoods, and avoiding high traffic areas such as city parks.

Market Landscapes