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Volkswagen Acquires PayByPhone Mobile Parking Service

Financial Post, Tuesday, January 3, 2017 8 AM Recommend (1) Volkswagen AG’s financial services arm has acquired Vancouver-based mobile parking payment company PayByPhone in a race to get a foothold in the future transport economy. PayByPhone processes more than $250 million in payments each year, allows its users to securely pay for certain parking spaces with their phones and be alerted when their time expires....

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