CED Tech Venture profile: Passport, mobile tech focusing on payment, fee collection

Charlotte-based Passport brings its mobile technology for payment and fee collections to CED’s Tech Venture conference where potential investors can review offerings that the company says reduces complexity while also providing “intelligent data.”

The City of Raleigh will test Passport’s parking payment tech this fall.

This Q&A profile is the latest in a series of Tech Venture presenters offered through a partnership between the CED and WRAL TechWire.

What is the focus of your business?

Passport is North America’s leading mobile technology company specializing in enterprise business applications and payments for the public and private sector. Passport’s product lines–parking payments, transit payments, enforcement and permit management–collectively serve to deliver dynamic tools for agencies to better connect with their communities. Its services have been adopted by over 20 of the top 50 cities in North America and over 2,000 locations including Chicago, Toronto, Boston, and Portland.

What is the top pain point/business application you are seeking to address?

Passport’s mission is to reduce operational complexity and deliver intelligent data to improve decision making for its clients. Passport’s mobile technology provides a connected urban mobility experience for users, encouraging the use of public transit and improving the way users travel.

What makes it unique?

Passport’s enterprise applications offer a complete mobility solution. Users can plan trips, pay for their mode of transit, purchase parking, and track all of their history in one place.

Why should investors be interested in your firm?

Passport partners with government agencies across North America to implement its industry-leading mobile payment solutions. In doing so, Passport’s user base and location-based data offers tremendous value and insight around user trends and commuting patterns.

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