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Edenred Commuter Benefit Solutions and ParkWhiz to Drive Savings to Your Daily Commute
[September 30, 2014]

Edenred Commuter Benefit Solutions and ParkWhiz to Drive Savings to Your Daily Commute


BOSTON --(Business Wire)--

Edenred Commuter Benefit Solutions, the nation's leading provider of commuter benefits, has partnered with ParkWhiz, Inc., the industry leader in online parking.

ParkWhiz is a website and mobile app that makes it easy for you to find and pay for a guaranteed parking spot before you arrive at your destination. Drivers can use ParkWhiz to book guaranteed parking at over 3,000 facilities across 150 cities nationwide, while saving between 20%­60% off drive-up rates.

Serving some of the nation's largest companies and premier benefit administrators, Edenred has saved participating employers and employees nearly $500 million over the past five years by providing the opportunity to pre­tax various expenses that are essential to the daily routine.

A STRATEGIC ALLIANCE

In conjunction with the pre­tax benefits provided by Edenred's Commuter Benefit Solutions, participating employees can now apply additional discounts to their hourly, daily, monthly, or "anytime­parking," facilitated by ParkWhiz's robust, real­time parking platform.

"We seek out strategic partners that add optimal value and convenience to our enrolled commuters," said Commuter Benefit Solutions Chief Operating Officer, Meltem Korkmazel. "ParkWhiz does just that with a best-in-class platform, nationwide coverage, and an all-around easy parking experience with their guaranteed, discounted parking."

More thn 1 million people have used ParkWhiz to book parking in advance for daily, monthly, and event-based parking occasions. In addition to having extensive parking coverage in San Francisco, Washington DC, Chicago, and NYC, the company is working to make parking pains a thing of the past in over 125 cities nationwide, giving customers access to the world's largest online parking inventory.



"We're continually striving to enhance the parking experiences for the daily driver," said ParkWhiz CEO Aashish Dalal. "We're pleased to provide Edenred's clients with an easier way to find and pay for parking, while also providing substantial cost savings. It's a big win for everyone involved."

ParkWhiz and Edenred are offering enrollees $10 off their first hourly, daily, or anytime booking and $50 off of the first month of monthly parking bookings to get started. The ParkWhiz benefit will be available to Edenred enrollees effective immediately.


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About Commuter Benefit Solutions, by Edenred

Edenred Commuter Benefit Solutions is the nation's only comprehensive commuter benefit solutions provider and number one resource for commuter savings. Since 1985, Edenred has served Fortune 100 and Fortune 500 companies, top third party benefit administrators and the nation's largest metropolitan area transit authorities. With its premier solution offerings; Commuter Check, a nationwide commuter benefits program for employers; and WiredCommute, a private label program for third party administrators, Edenred is able to provide a one-stop total solution experience. Edenred's mission is to make tax-free commuter benefits a staple in employee benefits packages nationwide.

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About Edenred

Edenred Group is the worldwide leader in prepaid corporate solutions and has been providing employee benefits for more than 50 years. Edenred Group operates in 41 countries, with more than 6,000 employees, nearly 640,000 private and public sector customers, 40 million beneficiaries and 1.4 million affiliates.

In 2013, Edenred generated total issue volume of €17.1 billion, with almost 60% in emerging digital markets.

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About ParkWhiz

Headquartered in Chicago, ParkWhiz is the eParking industry leader. The company's website and mobile platforms provide a fast and efficient way for drivers to find and book guaranteed parking spaces before reaching their destination at thousands of parking locations across the country. ParkWhiz is an official partner of StubHub and TicketsNow and the company also has partnerships with professional sports teams including the Indianapolis Colts, Baltimore Ravens, US Airways Center, NCAA teams, and other sport and entertainment venues.


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