How Can Your Business Benefit From Parking Payment Systems

With all the technological progress happening nowadays, it’s no wonder that the way of parking and paying for it has been improved with the advent of efficient parking payment systems. Previously, most businesses relied on human cashiers in a booth at the entrance or exit of a parking lot to collect parking fees.

This time, though, you can have a self-serve system and allow your employees to focus on other crucial aspects of your company. If you’re considering to get an automated system, these are the benefits it has in store for your business:

1. Increases Parking Revenue

Since business owners no longer need to hire someone to do the menial task of collecting fees,Parking Payment Systems can increase the profit you gain from your parking lot.

Instead of spending money on recruiting and providing salaries for cashiers, you can direct your resources to the one-time cost of installation. Most installers also offer regular maintenance and check-ups on the systems which lasts for a year or two.

Moreover, you can guarantee that the car park portion of your building continues to generate income since you can operate 24/7 without worrying about adverse health effects on human employees. It also saves you on night differential costs and other fees, such as insurance that you will otherwise needed to pay on the cashier.

2. Boosts Efficiency

The automated payment setup makes the entire process more straightforward for both customers and car park operators because it’s so easy to use. It’s more efficient since the machine does everything, from generating tickets with a unique barcode to calculating the rate that the customer needs to pay.

Here’s how the process goes:

• The driver pulls up beside a machine at the entrance, gets a ticket, and parks where they want.
• Upon exiting, the customer drives toward an Integrated Point of Sale (POS) system and presents the ticket.
• The machine scans the code and displays the rate, which the customer must pay.
• An automated barrier gate, which is connected to the POS, will open once the due is paid.
• Transactions are noted in an audit file to make sure that all printed tickets and payments are accounted.

Plus, the system uses sensors and a counter that displays real-time data to customers about how many spots are available instead of going around the lot to find a place to park. With this, you save them time, and you also get more customers since they’ll know that they can still leave their cars in your establishment.

3. Reduces Queues

A self-service payment system can lead to better traffic flow within your car park and lessen the risk of queues forming. Long lines in the parking lot can frustrate your customers which can result in losses for your venture if they don’t return to use your parking service.

The sensors can guide drivers to the areas that are available, which can lead to fewer cars roaming around the lot.

4. Provides More Payment Options

Car parks are rapidly evolving to cater to the needs and preferences of customers. There are now more payment options than just cash and credit cards. Most drivers no longer want to bring loose change with them because they’re bulky and heavy. That’s whyautomated parking systems cater to cash, cards, and even mobile phone payments.

Accepted payment methods include:

Cash – This traditional way involves drivers to insert bills or put coins in the machine.

• Debit or Credit Cards – Parkers can swipe their cards at a payment terminal installed on the machine. Newer cards also have radio-frequency identification (RFID) in embedded chips that allow for contactless payments. This means that you can tap or wave your card over the terminal to complete the transaction.
• Mobile Phone Payments – More and more parking systems are integrating smartphone payments to their options. Popular choices are Google Pay, Apple Pay, Chase Mobile, and Venmo which act like e-wallets and allow users to transfer money by just tapping a few buttons on the apps.

5. Heightens Security

Machines used in parking payment systems are sturdy and have anti-tampering features. This makes transactions and customer information safe from physical and digitalsecurity threats. The majority of equipment has cameras and sensors installed to send real-time alerts to authorities in cases of vandalism.

Moreover, having a robot to take note of your car make and plate number can reduce the risk of data breaches caused by human interaction. Other ways to defend your car park from crime are through:

• Video Surveillance – installing closed-circuit televisions (CCTVs) can make criminals think twice about pushing through with their plans since you can revisit the day when the incident happened and watch what happened through the videos. These recordings can be used as evidence during legal proceedings.
• Alerts – Place signs throughout the parking lot to remind your customers to lock their doors and keep their valuable possessions out of sight from the windows of their cars.
• Lights – A well-lit space can deter suspicious behavior. Avoid the cliché of dark parking lots with plenty of room to do diabolical things by installing plenty of lights in your establishment.
• Emergency Call Boxes – Provide call boxes, as well as intercom systems that can be used in emergency security or medical situations.

6. Lessens Risk of Employee Theft

This automated system can also reduce the possibility of your employees to steal your customers’ money for themselves. Cash is stored in a vault inside the machine while card and smartphone payments will be credited directly to your bank account, so you know exactly how much you earned for the day.

It can also cut down on errors made when giving change to the parkers.

7. Better Customer Service

Ultimately, the efficiency and convenience you grant your customers can give them an outstanding experience with your company. This cutting-edge facility gives them the impression that you care about providing them with a safe space to leave their cars in.

It can significantly boost your brand image and encourage more Ankit S Maharishi people to prefer your parking service over other car parks nearby.

Conclusion

Whether you have a car park business or want to maximize revenue by charging for extra parking spaces, you can benefit a lot from an automated parking payment system. You gain considerable profit with the ease and convenience that these machines provide without spending too much money on a cashier’s salary.

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