Making The Most Of Pay-on-Exit Parking
In the ever-evolving urban transportation landscape, pay-on-exit parking systems have emerged as an excellent solution for parking lot operators, parking facility owners, and drivers seeking parking. This short blog will discuss the mechanics of pay-on-exit parking, how it’s transforming parking experiences, and how making the most of pay-on-exit parking benefits everyone.
What is Pay-on-Exit Parking?
Pay-on-exit parking (or gated parking or parking access and revenue control systems (PARCS)) is a method where customers pay for their parking stay once they leave the parking facility. This pay-on-exit parking system generally involves three main elements:
• Entry of parking facility: A parking ticket is issued to vehicles entering the parking facility with entry time and pertaining identification information.
• Pay Station: Payment is made before exiting (kiosk, ticket scanning, or manual payment with parking employee). It accepts cash, credit cards, and mobile payments.
• Exit of parking facility: The parking ticket is validated as having already been paid (for vehicles that haven’t paid yet, there’s often a last-minute payment option upon exit of the parking facility), allowing the vehicle to exit.
The Customer Journey
Imagine driving into a parking lot, pulling a parking ticket, and only worrying about payment once you’re ready to leave. This convenience and ease are the essence of pay-on-exit parking. Customers can shop, go out to restaurants, go to the hospital, visit a friend and their condo, or attend events without the pressure of a ticking expiring meter, a traditional parking system that requires constant monitoring and payment, or a parking reservation about to expire.
1) Customer Journey – Downtown Shopping
The driver enters the busy downtown ParqEx-LPR-powered parking facility, the license plate recognition camera captures a picture of the plate, and the driver proceeds into the parking facility, parks their vehicle, and enjoys their shopping day without worrying about time constraints. Once they have finished shopping, the time spent is calculated by the LPR data, and the driver can pay for their parking at the kiosk or via the app. Once payment is complete, the gate arms will recognize the license plate as having already paid, the gate will open, and the driver will continue on with their day.
2) Customer Journey – Event Venue After a Concert
Now imagine a busy headlining concert is coming to town. Of course, the hosting venue needs a quick and seamless parking system to accommodate the constant come-and-go of concert-goers. For a venue equipped with ParqEx’s LPR cameras, concert-goers have to drive through the entry, the LPR camera will log their license plate, and they can find a parking spot. After the concert, customers must pay their time-based parking fee at the kiosk or within the app and proceed to the exit hassle-free. Pay-on-exit clearly ensures an efficient flow of traffic for a busy event venue.
Advantages for Operators and Customers
Pay-on-exit systems benefit customers, operators, employees, and property management teams. Some of these benefits include:
• Better Financial Control: Ensures all customers pay before exiting, improving revenue management.
• Increased Customer Satisfaction: Reduces the stress of immediate payment or a ticking parking meter, enhancing the overall experience.
• Heightened Efficiency: A centralized payment station or kiosk, instead of a manually operated pay station, can reduce congestion and streamline traffic flow.
• Seamless Flexibility: Supports various payment methods, catering to customer preferences.
Technological Integration
Modern pay-on-exit systems, like ParqEx’s, are not just about convenience and control. They are also about the future. These systems can integrate advanced features like license plate recognition, touchless ticket dispensing, and mobile payments. These innovations contribute to an easy and user-friendly parking experience, making you feel excited about the future of parking.
How Pay-On-Exit works with ParqEx
As ParqEx is the market leader in smart parking solutions, we have developed a modern pay-on-exit solution incorporating property technology. Our systems prioritize making the most of pay-on-exit parking. It ensures security and proper revenue collection, minimizes violations, makes the process easy for all users, and maximizes parking operation efficiency. The ParqEx pay-on-exit parking system comprises three elements:
• Making a reservation: Users can book parking with ParqEx’s parking app and select their desired parking window. This reservation system will require an initial payment of the desired parking window.
• Entry of parking facility: With an authorized ParqEx reservation, vehicles can enter via our Access + app, a mobile application that opens the garage door upon arrival, or via approved license plates scanned upon arrival with our Access + Premium LPR cameras, which use advanced technology to recognize and verify vehicles.
• Exit of parking facility: For users who have overstayed their parking reservation window, additional charges, which are calculated based on the extra time spent in the facility, will be applied upon exiting the facility. Thus, the “Pay-On-Exit!”
Conclusion
Pay-on-exit parking systems are one of the many leaps in parking management that have taken place in the past few years. They prioritize customer convenience and operational efficiency, creating a more organized and profitable parking operation.
Property managers and owners, contact ParqEx, and we will show you how our technology is making the most of pay-on-exit parking!
