Metropolis and Bilt Team Up for Innovative Parking Rewards
Metropolis Partners with Bilt to Revolutionize Parking Rewards
Bilt Members Can Now Earn Points at Metropolis' Nationwide Checkout-free Parking Locations, with Automatic Validation On the Horizon
Metropolis, a pioneering AI company known for its advanced computer vision platform that facilitates checkout-free payment solutions, has entered into a promising partnership with Bilt, an innovative rewards and payment program specifically designed for renters. This collaborative initiative aims to redefine the parking experience, making it more rewarding and efficient for users.
Starting this collaboration allows Bilt Members to earn a minimum of 1X Bilt Points for every dollar spent on parking at participating Metropolis locations across the nation. This integration not only streamlines the parking process but also provides Bilt Members with unique opportunities to redeem their points for a variety of rewards including travel, fitness, dining, and even rideshare services.
The partnership aims to enhance the value derived from a routine expense—parking. By joining Bilt’s extensive network of over 40,000 associated merchants, Metropolis is enabling drivers to enjoy rewards on what is typically a necessary expenditure, aligning perfectly with Bilt's goal of turning everyday transactions into meaningful benefits.
According to Alex Israel, the CEO and co-founder of Metropolis, "Parking touches nearly everyone, every day — but until now it's been overlooked as an opportunity to turn routine costs into tangible rewards. We are excited to partner with Bilt to transform a universal expense into a rewarding experience while introducing millions of people to the ease of checkout-free technology. Together, we are not just making parking smarter; we envision a future where all aspects of the built environment become seamless and personalized."
As this partnership evolves, the next phase will launch additional features in the coming months. Bilt Members will soon have the capability to book, pay, and redeem automatically validated parking through the Bilt app, streamlining the overall customer journey and enhancing user satisfaction. Furthermore, real estate partners within the Bilt network will have the opportunity to offer exclusive parking benefits and automatic validations as a part of their resident loyalty initiatives, ultimately driving more traffic towards local businesses.
"Until now, parking—similar to paying rent—has not provided residents any form of earnings or rewards. Our collaboration with Metropolis and their smooth checkout-free technology enables Bilt partners to offer significant advantages to residents and also enhances patronage for local merchants," stated Ankur Jain, the Founder and CEO of Bilt. "This partnership highlights that a connected community goes beyond just housing; it's about enriching the entirety of the living experience. From housing to parking to local commerce, we aim to empower property managers to deliver enhanced value while providing residences with rewards that have real significance."
About Metropolis
Metropolis is an AI-driven company focused on improving everyday interactions through technology. Their groundbreaking computer vision platform vastly simplifies daily transactions by enabling checkout-free payments and fostering more efficient and personalized experiences for consumers. They are witnessing rapid growth, on track to add over one million members each month, and are recognized as one of the fastest-rising tech firms in the United States since their acquisition of SP+. Metropolis now operates the largest parking network in the nation, boasting over 4,200 locations and utilizing AI technology that affects 50 million customers, facilitating upwards of $5 billion in transactions annually.
About Bilt
Bilt emerges as the first-ever loyalty program tailored for renters, allowing users to accumulate rewards not just for their housing expenses but also for their Homeowners Association fees as they build towards homeownership. Established in partnership with major residential operators, the Bilt Alliance encompasses more than 4.5 million homes nationwide, rewarding residents for every payment that solidifies loyalty among tenants and cost-saving options for property managers. Launched in June 2021, Bilt presents an array of valuable rewards—including competitive point transfers for travel with major airlines and hotels, fitness classes from prestigious studios, and exclusive art collections—while also providing options for rent credits and assistance towards future home purchases or student loans.
By innovatively merging technology with consumer needs, Metropolis and Bilt are paving the way for a more rewarding and enriching future in everyday transactions.
Frequently Asked Questions
What is the main purpose of the Metropolis and Bilt partnership?
The partnership aims to transform parking into a rewarding experience for users, allowing Bilt Members to earn points on their parking expenses.
How can Bilt Members earn rewards?
Bilt Members earn a minimum of 1X Bilt Points for every dollar spent at participating Metropolis parking locations.
What kind of rewards can points be redeemed for?
Points can be redeemed for various options including travel, dining, fitness services, and more within the Bilt ecosystem.
What future features will be available for Bilt Members?
Bilt Members will soon be able to book and pay for parking automatically through the Bilt app, enhancing the overall experience.
How does this partnership benefit local merchants?
Local merchants will benefit from increased traffic due to the rewards offered through the Bilt network, which encourages residents to shop nearby.
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