7 Features Parking Businesses Should Consider When Shopping for Payment Solutions  

In today’s fast-paced world, convenience is vital. And nowhere is this more apparent than in the parking industry. Whether it’s a bustling urban center or a sprawling suburban complex, providing a seamless parking experience is essential. As businesses and municipalities seek to streamline operations and enhance the user experience, the choice of payment solutions becomes increasingly critical. But with a myriad of options available, how do you know which features truly matter? 

In this blog, we delve into the essential features you should consider when shopping for payment solutions for parking facilities. From ruggedized designs to seamless integration with existing infrastructure, we’ll explore the key elements that can make all the difference in optimizing your parking operations. 

Ruggedized Design for Challenging Environments

Parking lots are exposed to various environmental factors such as extreme temperatures, moisture, dust, and physical impact. That’s why ruggedized payment devices are a must-have for parking businesses.  

Keeping the requirements for outdoor usage in mind, we design payment devices for parking businesses with extended operating temperatures, IK09 impact protection rating, and IP65 ingress protection rating. Built to withstand the harshest conditions, these products will ensure uninterrupted operation even in the most challenging environments. 

Low Power Consumption

Some parking meters–especially solar-powered ones–have specific power requirements and can only support devices with very low energy consumption. 

Our payment solutions with low power consumption, including the VP5300 PCI-PTS certified payment reader, can help operators meet these strict power requirements, as well as minimize energy costs and reduce their environmental footprint, all without sacrificing performance. 

Omnichannel Payment Acceptance

Traditional cash transactions require additional manual processing and reconciliation, which can be time-consuming and labor-intensive for parking facility staff. By accepting all payment types, facilities can streamline operations, reduce administrative burdens, and improve efficiency.  

ID TECH’s product bundles for parking consist of card readers, NFC antennas and PIN pads, supporting magstripe/chip cards, chip-and-PIN cards, NFC-enabled cards, and mobile wallets. They will help parking facilities cater to their customers’ diverse preferences, enhancing convenience and satisfaction. 

Enhanced Payment Security

Parking facilities handle sensitive financial transactions, making security a top priority. Modern payment facilities must be equipped with payment readers supported by advanced tokenization systems that validate data protection practices and authorization.  

ID TECH’s card readers tailored to parking businesses have the latest payment security technologies and certifications to maintain a secure payment environment, safeguard customer data, and mitigate the risk of fraud or cyberattacks. 

Easy Integration with Parking Access Revenue Control Systems (PARCS)

A seamless integration of Parking Access Revenue Control Systems and the payment solution will enable patrons to enter and exit parking facilities smoothly without delays or disruptions. It is the key to better customer experience and higher operational efficiency.  

Our payment solutions are designed to integrate easily with your existing PARC system via our software development kits (SDKs), allowing operators to enhance their existing infrastructure without costly upgrades or downtime. We provide payment devices that are pre-certified with major acquirers in the US and Canada. You can also take advantage of our Payment Application Engine (PAE) to save 9-12 months on EMV integration & certifications. 

Remote Device Management and Key Injection

Remote management enables parking businesses to monitor and control payment devices from a centralized location, eliminating the need for on-site visits for maintenance or updates. In addition, parking businesses can speed up the deployment of payment terminals at multiple new locations with ID TECH’s remote key injection, which eliminates the need to ship payment terminals to a key injection facility before being sent to the field. 

ID TECH’s remote device management and remote key injection services will save you significant maintenance costs and facilitate the deployment of payment devices on a large scale.   

User-Friendly Interface

Thinking about improving the user experience? Consider equipping your payment stations with digital screens. Touchscreen and displays can provide clear, easy-to-read instructions and prompts, making the parking experience effortless for users of all ages and technical abilities.  

ID TECH provides touchscreen payment terminals and contactless payment readers that can drive an LCD screen. Whether displaying parking rates, payment options, or instructional videos, these products will ensure that information is presented in a visually engaging and user-friendly manner. 

At ID TECH, we understand the unique challenges faced by the parking industry, and we’re committed to delivering innovative, all-in-one payment solutions. 

Ready to take your parking operations to the next level? Schedule an onsite meeting and talk to our team at Booth 830 at the IPMI Conference & Expo in Columbus, Ohio! We will showcase our cutting-edge parking payment solutions designed with the needs of both operators and users in mind. Join us as we transform your parking facility into a model of efficiency and customer satisfaction! 

Related Articles