A Quick Win for Your Parking Program in 2022: Pay-As-You-Go Permits

Welcome tenants and staff back with ease and convenience.

2.3 min read

Although it may not be music to most people's ears, work-from-home and flexible return-to-work models prevail. As a result, it’s imperative to adjust parking revenue models to meet society's new routines.

Start the new year off strong with pay-as-you-go parking permits – a quick and easy product offering (or simple reconfiguration of your traditional monthly permit software) that will allow you to restore recurring revenue and welcome commercial tenants with ease.  

Like its name, pay-as-you-go parking permits allow account holders to only pay for the duration they were parked for. This permit model provides customers greater schedule flexibility, thus increasing facility loyalty for you. When pay-as-you-go permit software is flexible, models can benefit both the business and the customer.

Key software flexibility features may range from rate structures to billing cycles and parking facility access rules.

Flexible Access Rights

Your parking facility's access rights typically fall into one or all three categories: multi-site access, carpooling or family and unlimited in-and-out privileges. 

Flexible Rate Structures

There are a variety of rate structures for parking operators to pick and choose from, such as daily rates, weekly rates, monthly or fixed rates.

Flexible Billing Cycles

Pay-as-you-go permits offer an assortment of billing cycles such as custom set date ranges, weekly, bi-weekly, monthly and pay-as-you-go. Billing cycles are decided ahead of time by the property manager.

Pay-as-you-go parking permits are the future of a seamless parking experience. They are essential to meeting the ever-changing needs of customers, tenants and staff alike and are a vital consideration when evolving your product offerings now and long after the pandemic is over.

Reference

Digital parking permits - precise ParkLink: Parking management services. Precise ParkLink | Parking Management Services. (n.d.). Retrieved November 29, 2021, from https://www.preciseparklink.com/ps-parking-subscription-management