Rrring! Your Parking Has Expired

This week, a major U.S. city will allow its residents to pay for parking with their cell phones. That just goes to show that the U.S. is quickly catching up to Japan and Korea in wireless technology.
Olga Kharif

Sure, we've heard all about how Japanese and Korean consumers can pay for drinks at vending machines with their cell phones. Now, this much-talked-about technology is finally making its way into the U.S. A major U.S. city will announce this week that it will allow its residents to pay for their parking wirelessly, with their cell phones. It won't be the first to do that: Denver drivers and bicycle riders are already able to pay for parking and bike lockers with their mobiles.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.