{"id":9786,"date":"2022-06-14T11:16:33","date_gmt":"2022-06-14T11:16:33","guid":{"rendered":"https:\/\/www.conurets.com\/?p=9786"},"modified":"2022-06-14T11:32:50","modified_gmt":"2022-06-14T11:32:50","slug":"how-is-digital-parking-payment-fulfilling-the-smart-city-vision","status":"publish","type":"post","link":"https:\/\/www.conurets.com\/how-is-digital-parking-payment-fulfilling-the-smart-city-vision\/","title":{"rendered":"How Is Digital Parking Payment Fulfilling the Smart City Vision"},"content":{"rendered":"
Society is becoming cashless with every passing day as the use of traditional payment methods is decreasing. Nowadays, most transactions are made through digital means, which is becoming the new normal. In the future, there is a possibility that human beings will eradicate cash payments.<\/p>\n
Various FinTech innovations and continuously evolving payment infrastructure are opening new opportunities for digital payment avenues which were untapped previously.<\/p>\n
Recently, digital parking payment is one of such avenues that is grasping the attention of many digital payment solution providers for developing a smart city. Making digital payments at the parking garages is not the thing of the future now as the municipalities and individual parking owners are embracing smart parking payment options with both hands.<\/p>\n
So, if you are using a smart parking solution while parking, you must know the digital payment methods, you can use there. The following article discusses the digital parking payment in detail to showcase how this innovation focuses on achieving a smart city vision.<\/p>\n
Municipalities nowadays are taking crucial steps to achieve the smart city’s vision. One of the main reasons for doing so is that it is transforming the traditional parking space into parking spots that are smarter and more secure for the public. City garages, malls, universities, hospitals, etc., are embracing smart parking technology as it is more convenient. A recent survey concluded that only 16% of the drivers nowadays prefer the car parking payment through cash, while the remaining population always chooses the contactless payment methods.<\/p>\n
The digital parking payment solutions help the drivers get the list of reserved and unreserved parking spaces instead of wasting time searching for the parking spot.<\/p>\n
<\/a><\/p>\n As the name suggests, the digital parking payment is a cashless payment solution that does not need physical money to make a transaction for the parking. Digital or smart parking involves payment via e-wallet, debit card or credit card, etc. This makes the parking experience smooth for the users, where they can pay for their parking without any hassle of keeping the cash. Some of the digital parking payment methods are listed below.<\/p>\n These machines are usually placed at the entrance of the parking lots. Users can tap the card on the machine and the payment is automatically deducted from the card. There is no need to wait in queue for payments. ParkMobile<\/u><\/strong><\/a> and Flowbird<\/u><\/strong><\/a> are examples of contactless parking payments. Conure TrackPro<\/u><\/strong><\/a> and OLIOS<\/u><\/strong> a<\/a>lso use contactless parking payment gateways.<\/p>\n With a smart parking solution, people can now book their parking spots and pay for it online. People can see the vacant parking spaces near their destinations using the application and pay in advance to have a hassle-free parking experience.<\/p>\n Parking owners dealing with the registered users can create a list of the people frequently using the parking facility and bill them invoices.<\/p>\n Smart parking systems can also use the pre-paid method of payment which uses a license plate recognition system to identify the car and charge the amount accordingly. This works for those who have digital parking subscriptions.<\/p>\nDigital Parking Payment Solutions<\/h2>\n
\u2022 Contactless Payments<\/h3>\n
\u2022 Online Payments<\/h3>\n
\u2022 Invoice Basis<\/h3>\n
\u2022 Pre-Paid<\/h3>\n