Salik Expands Beyond Dubai with Parkonic Partnership

DFM-listed Salik expands reach outside Dubai in deal with Parkonic

Dubai toll-gate operator signs up with Parkonic for eWallet payments

The Salik services now is going beyond the borders of Dubai through the eWallet system.

salik, the DFM-listed toll-gate operator, is extending its services beyond Dubai.

It has entered a deal with Parkonic, one of the UAE’s biggest privately-owned parking operator, whereby the latter will integrate Salik’s eWallet system. The eWallet will be introduced to the 107 locations Parkonic operates and ‘any other future locations it may operate in the UAE’.

The partnership is based on a 5-year contract.

What this does is allow the vehicle owner finding a spot in one of Parkonic operated areas to use his/her Salik funds to make the payment.

 

Parkonic will ‘promote’ Salik as the preferred payment channel for its customers at all of its locations, whereby users can avail of a convenient payment option for paid parking. For the eWallet services, Parkonic will pay Salik a percentage of its parking revenues generated specifically through the Salik eWallet. The solution is expected to be available for Parkonic’s 135,000 parking spaces during Q1-2025.