Page 120 - SALIK ENGLISH PR REPORT NOVEMBER 2024

Salik ties up with Parkonic for

parking payment across UAE

Thu, 28 Nov, 2024 By Arya M Nair, Official Reporter

Image Credits: Dubai Media
Office | Cropped by GBN
Salik Company, Dubai’s exclusive toll gate operator, has partnered with Parkonic, the
UAE’s largest private sector parking operator, known for its cutting-edge AI-powered
free-flow parking systems.
The collaboration aims to enhance parking payment experiences across the UAE by
integrating Salik’s advanced eWallet system. In the five-year contract, Parkonic will integrate
Salik’s eWallet into the 107 locations it operates and any other future locations it may
operate in the UAE. The agreement also marks the first time Salik has expanded its service
offering outside of the Emirate of Dubai.
Under the agreement, Parkonic will promote Salik as the preferred payment channel for its
customers at all current and future locations, utilizing Salik’s capability of providing a
seamless and convenient payment option for paid parking. For providing the eWallet
services, Parkonic will pay Salik a percentage of their share of parking revenue generated
through the Salik eWallet. The solution is expected to be available for Parkonic’s 135,000
parking spaces during the first quarter of 2025.

https://www.gccbusinessnews.com/parkonic-salik-for-parking-payment-in-uae/