fbpx
Connect with us

Wire

Asia’s No.1 Parking App Leader ParkQwik to debut Bitcoin payments, EV and FSD Parking Operations in Tampabay via local Partner.

Avatar

Published

on

For Immediate Release
Local tech entrepreneur Cal Tiger has announced a marketing and technology alliance with Chennai based ParkQwik, India’s No.1 pioneer and leader in the emerging parking app marketplace for EVs, FSDs and IC powered cars.Via this partnership, the new venture plans to launch a pilot program across Tampa Bay.

ParkQwik Ltd envisions Parking as a virtual marketplace using its portal plus app to aggregate EVs, Car Insurance, Roadside Assistance and Bitcoin along with faster, simplified Parking features.

After raising $2 million in seed capital and two years of development and testing in Chennai and Singapore, ParkQwik has launched in Chennai, Bangalore and 20 other cities across India, Southeast Asia, as well as EMEA, Europe and Middle East cities such as Dubai, UAE.

The platform aims to be a comprehensive Superapp (like WeChat in China) for car and bicycle users, providing a range of services from car washes and Speed Pass to road trip assistance. The platform’s extensive network covers 16,591 locations across India with 7,837 vendors. Notably, ParkQwik is targeting eight major highways in India, which collectively encompass 335 cities, leveraging a network of over 2,000 commercial vendors spread across 49 states Now, the company plans to launch a pilot program in Clearwater, Tampa and Saint Petersburg, Florida with a new array of features including innovative payment options (eg, EZPay.Gold, Bitcoin, Call2Pay, click2pay and Bill.me options) to address requirements for tech savvy mobile customers.

ParkQwik’s innovative new solution provides two significant advantages to existing parking solutions:
1) AI powered parking features that make parking a breeze 2) Bitcoin parking to address needs of newer generation of crypto friendly consumers who envision new monetary systems that could replace or supplement Fiat currency such as US dollars.

“We are developing proof of concepts for Parking, Retail Payments and eventually an Everything App that will compete with Elon Musk’s X (formerly Twitter), which the duo expects will provide Payments, Banking and other D2C or direct to consumer services that compete with Apple, Google and X dot com”, says US CEO, Cal Tiger of XYZ Products Group, which has operations in US, India and Africa for last two years.

We are working on developing a new payment platform called EZPay.Gold (yes, you read that right. Dot Gold is now an TLD or top level domain name!).

CEO Cal Tiger who narrowly missed getting seed capital from Google for his previous venture (Blue Ocean Makers) which was profiled in TBBJ, says that he sees a huge market opportunity in US for payments and banking using a Fintech model. Today, millennials and GenX do banking from their mobile devices and mobile devices market are controlled by two players, Google and Apple.

The very recent Google verdict in the monopoly lawsuit complaint filed by US DOJ as well Florida AG and other States has opened up a new window of opportunity for both US and Indian startups to develop alternatives to ApplePay and GooglePay and App stores.

Globally software has suffered from a lack of innovation due to throttling of market opportunities by Google’s illegal monopoly in the Search, Advertising, Payments, PlayStore, P2P productivity (eg, Gmail, Meet, Calendar) space, says Cal Tiger.

How many of us knew that Google paid its Cupertino neighbor Apple $20 billion a year to maintain its monopoly in the Search engine space?

Parking is a niche opportunity that can give us a foothold in the US market and we plan to market our new PaynGo Parking App to existing platforms like ParkMobile as well as directly to restaurants, museums, sporting arenas, downtown office buildings and other spaces that have excess capacity during concerts and sporting and public events.

Our unique new technology addresses needs of GenX with Bitcoin payments as well as addressing needs of older consumers who are challenged by setting up and provisioning native apps at the last minute.

Seniors or anyone in a hurry can take advantage of new parking payement options like Call2Pay(™), Click2Pay(™) and Bill.me(™) options which provide pre-approved credit for car owners and allow them to request deferred payments for a small extra fee.

This will solve parking bottlenecks plus provide a new revenue source for Cities looking for a way to generate income to deal with social issues such as homelessness and potentially job losses due to increasing use of Generative AI in Corporate America.

We are looking for new partners in Tampabay that are involved in Parking, EVs/FSD (Full Self Driving Cars) Retail, Banking or Fintech that have an interest in co-developing, testing and deploying our new products in our local ecosystem, says Cal Tiger.

The total market (TAM) for Parking plus Payments plus Banking plus EVs is several trillion dollars (as per Elon Musk in his biography to Walter Isaacson) and that is the reason why he invested $44 billion to buy Twitter and turn it into a lucrative and profitable payments plus banking platform.

Cal Tiger says he has been in discussions with City of Clearwater to Beta Test his new platform and hopes to secure an omnibus agreement with local cities to test and deploy Parking Apps, Payments and other Fintech products that can address needs for Banking and P2P funds transfer using a secure, mobile platform with a faster, more convenient KYC process than state of the art.

This is an exciting time to go after Payments, Banking and other mobile-driven market opportunities, both in US as well as BRICS, says Cal Tiger, who believes that the era of Silicon Valley is declining due to regulatory scrutiny (eg, DOJ and FTC) as well as privacy concerns by Americans who would prefer to use non-intrusive Search options such as DuckDuckGo and ChatGPT type of AI products.

There is no reason why we should “pay tolls” to Silicon Valley companies like Apple and Google when we can develop new technologies here and deploy them in our local markets such as Tampabay and Miami”.

I am bullish on Tampa and Florida and the Google verdict has made my day, says Cal Tiger.

For further information, pls contact:
Cal Tiger, CEO & Acting CTO
Xyz Products Group Inc..
600 Cleveland St, Ste. 300
Clearwater, Florida 33755.
Email: catiger727@gmail.com
Mobile: 727-565-7296

Website
ParkQwik.com

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

Email us: spark@stpetecatalyst.com

Subscribe for Free

Share with friend

Enter the details of the person you want to share this article with.