Dubai, UAE, September 2026: Parkin Company PJSC “Parkin” or the “Company”, the largest provider of paid public parking facilities and services in Dubai, has entered into a partnership with uPay, a UAE-based payment solution provider, to enable Parkin wallet top-ups through uPay’s extensive kiosk network across the country. The partnership introduces a new payment channel for Parkin customers, allowing users to conveniently top up their wallets using cash through uPay kiosks, while also offering the option to pay by credit card. The initiative is designed to enhance accessibility and provide greater flexibility for customers who prefer or rely on cash transactions. uPay operates a network of more than 1,700 kiosks across the UAE, including around 1,350+ in Dubai, 150+ in Abu Dhabi, 150+ in Sharjah and 50+ in Ajman. Through this integration, Parkin will effectively expand its payment coverage, enabling customers to access services through a widely distributed and easily accessible physical network, 24/7 and 365 days a year.  The partnership supports Parkin’s customer-centric approach by broadening its payment infrastructure to cater to diverse user preferences. It also contributes to greater financial inclusion by enabling users to access parking services without reliance on digital banking tools alone. The kiosk-based model also offers a cost-effective mechanism for cash collection, reducing dependence on higher-cost alternatives while improving operational efficiency and overall customer experience. Eng. Talal Alajmi, Chief Technology Officer of Parkin, commented: “This partnership with uPay is driven by our commitment to expand accessibility and convenience across our payment ecosystem. The new cash-based-top-up channel, which will be widely available, ensures that all segments of our customers can easily access Parkin services. By integrating uPay’s extensive kiosk network with Parkin’s digital payment infrastructure, we are extending the reach and flexibility of our payment ecosystem through a scalable, technology-enabled solution that strengthens operational efficiency and supports the continued growth of our platform and services across the UAE.” Umar Dombaev, Chief Executive Officer of uPay, commented: “We are delighted to partner with Parkin in advancing a shared vision of delivering smarter, more accessible payment experiences across the UAE. At uPay, we see payments as an enabler of everyday life, and our focus has always been on removing barriers between people and the services they rely on. This collaboration reflects the power of strategic partnerships in creating practical, customer-centric solutions that improve convenience while supporting broader financial inclusion. As the UAE continues to lead the region in digital innovation, we remain committed to working alongside forward-thinking organisations like Parkin to build a more connected and accessible payment ecosystem for everyone.” Parkin will leverage this collaboration to support its broader strategy of adopting innovative, cost-efficient solutions that strengthen operational capabilities. The company will also continue expanding its payment channels and integrating new solutions that meet evolving customer needs and support seamless, accessible, and efficient mobility services across the UAE. |
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About Parkin Company PJSC: With a unique blend of operational excellence, technological know-how and enforcement capability spanning almost three decades, Parkin Company PJSC is the largest provider of paid public parking facilities and services in the Emirate of Dubai, with a portfolio of approximately 268k paid parking spaces, as at end of H1 2026. Parkin has a dominant position in relation to Dubai’s on and off-street paid public parking market and a leading share of the overall paid parking market. Under a 49-year Concession Agreement with Dubai’s Roads and Transport Authority (RTA), Parkin has the exclusive right to operate a portfolio of public on and off-street parking (c.203k spaces) as well as public multi-storey car parking facilities (c.4k spaces). Parkin also operates certain developer-owned parking facilities through partnership agreements across the Emirate (c.61.5k spaces) and provides barrierless, ticketless parking on behalf of Majid Al Futtaim across two malls. Additional revenue streams include enforcement, the issuance of seasonal permits, parking reservations and other commercial activities. By deploying state of the art digital payment solutions and intelligent parking management systems that utilise artificial intelligence and big data analysis, Parkin’s customers successfully conducted 141m parking transactions in 2025. Dubai’s parking operations were established in 1995 under the Dubai Municipality, before becoming part of the RTA in 2005. In December 2023, Parkin Company PJSC was established through the issuance of Law No. 30 of 2023, successfully completing its initial public offering (IPO) on the Dubai Financial Market in March 2024. About uPay: uPay Payment Services LLC is one of the UAE’s leading self-service payment kiosk companies, with more than a decade of experience in UAE, delivering innovative and accessible payment solutions across the country. Operating a nationwide network of more than 1,700 self-service payment kiosks, uPay provides customers with convenient access to over 700 payment and digital services, including utility bill payments, telecom services, international recharges, government services, e-wallet top-ups, gaming vouchers, gift cards, donations and other everyday financial transactions. Today, uPay processes more than 3.5 million transactions every month, serving millions of customers through one of the UAE’s largest physical payment networks. Strategically located in shopping malls, supermarkets, business centers, labor camps, residential communities, retail outlets, and other high-footfall locations, uPay kiosks provide 24/7 access to essential payment services. Driven by innovation and customer convenience, uPay continues to bridge the gap between cash and digital payments, advancing financial inclusion while expanding its ecosystem through strategic partnerships with government entities, financial institutions, fintech companies, and leading service providers. By combining secure technology with a resilient nationwide infrastructure, uPay empowers businesses and consumers with fast, reliable, and seamless payment experiences across the UAE. |
