City Desk

D.C. Parking System Parkmobile Raises Rates, Creates a Cheaper One

Parkmobile, the pay-by-phone street-parking app that scored City Paper's 2012 pick for best attempted fleecing of locals, is about to get a little bit fleecier. In an email to D.C. users today, the company announced that it has to increase its transaction fees from $0.32 to $0.45.

Parkmobile's blaming the change on the Dodd-Frank legislation, which the company tells Greater Greater Washington resulted in a tripling of its transaction fees with banks.

For customers who don't want to pay the higher rate, Parkmobile is rolling out "Parkmobile Wallet," which seems to function more like a preloaded SmarTrip card. Parkmobile Wallet transactions will only cost $0.30, according to the company, since it will only require a credit card transaction when the card is loaded.

Photo by Darrow Montgomery.

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