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Archive for July 12th, 2006

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Automobile-dense markets are perfect targets for Web and wireless enabled payment services for parking, which allow for advanced fee collection, decreased operational costs, fewer on-site employees, increased security, predictive parking services and co-branded promotional plans for customers. For instance, the county government of Burlingame, California, wirelessly regulates its parking meters to stop meter theft and monitor coin deposits. The parking industry itself is estimated at over $500 billion; the US accounts for over 105 million parking spaces. Half-way across the world, Singaporeans today can use their mobile phones to pay for parking, taxi fares and photo prints.

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