ParkSwap - Swap your spot 4+

It looks like a good concept, but I do not see why the app needs both my card information and my bank account information, seems a bit sketchy to me, and could be a reason lots of people won’t want to join.

We are more than glad you used ParkSwap.
The app needs your bank account information for you to be able to receive the gift (money) others will send you when you provide them with your parking spot. The app also needs your card information for you to be able to send a gift (money) to others when they provide their parking spots to you. Thanks again for taking your time and writing a review.

Would be cool if I could use the app a few times as a proof of concept before I commit to giving my financial info to this random developer I know nothing about. Odds are I’ll never actually end up using the product and to be honest I don’t really know why I would ever send someone a gift for giving me a street parking spot. Just sounds like it adds more of a headache and complication to street parking in NYC. And it just seems like a flimsy excuse for the developer to get your financials. Also leaves me wondering how exactly this app is making money. If not selling your financials, I guess they sell your location data?

Hello and thanks for your review and feedback.
On the next update everyone would be able to use the app without putting their bank account information. If users want to be able to receive money, they’ll enter the bank account information to be able to receive it.

Actually there is a lot of people that would send money to find parking spots. ParkSwap (the developer) makes money from each transaction (%).

We don’t sell your information nor give it to anyone. You could find it on our privacy policy.

This app could be so great, and I LOVE the concept.

However, this app requests you put your credit card on file in order (to send gifts) and asks for your bank account info (so you can receive gifts). There is no way to do this via Venmo, PayPal, or ApplePay. Therefore, you are forced to trust that the developers of this app are keep your financial data safe from hackers and data breaches, and I have no reason to believe that they are able to do so.

Hi Julian! Thanks for the review. Every personal information you enter is kept safe. We actually work with Stripe to keep your bank information safe. We are working everyday to make the product the best one for you. Each review helps us improve. On the next update everyone would be able to use the app without putting their bank account information. If users want to be able to receive money, they’ll enter the bank account information to be able to receive it.