Categories: NewsTechnology

Parking Space Marketplace Parkpnp Plans International Expansion

In this day and age of digitization, any existing business model can be disrupted. Uber and Airbnb are just two examples of how a traditional system can be overthrown and see significant success at the same time. Parkpnp, a new online parking marketplace, is another fine example of how things are coming to change. This platform would be a good fit for Bitcoin, as it allows for global expansion.

Parkpnp Does Parking Very Differently

Everyone who has ever driven a car will agree that finding a parking spot can be challenging at most times. It would be so much easier if people could reserve a parking spot, or even “lease” one for as long as they need. Parkpnp founder, Garret Flower, has been thinking along the same lines, as he created an online marketplace for this particular market.

Users of Parkpnp can put up their parking space for a price, regardless of whether it’s a private driveway or commercial space. Listing the spot is free of charge, and “owners” can decide on hourly, daily, weekly, or monthly rentals. The average lister earns between 50 and 350 euros per calendar month through Parkpnp right now.

Listers can also confirm or reject any requests they receive. For people looking for a place to park their car, Parkpnp may have the solution, as spots can be pre-booked. Although this solution is only available in Dublin, for now, the team plans to cover the rest of Ireland soon. Once that has been taken care of, Europe, Asia, and the US are next on the agenda.

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As promising as Parkpnp sounds, the project will have several hurdles to overcome as well. One of the big concerns is which payment options will be accepted. For global appeal, credit cards and mobile payment options should be an absolute must. But what about those people who want to pay in a different way? Cash certainly won’t be a good option, as it brings all kinds of risks to the table for all parties involved.

Not too many details are known about the accepted payment options right now. It would be wise for Parkpnp to explore the Bitcoin option as well. Integrating that payment option is not subject to additional risks, nor is it overly expensive to offer. More importantly, it would open up the platform to global customers from day one, which is invaluable for any startup looking at international expansion.

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JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

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