What Do You Need To Consider When Investing In Parking Meters?

3 min read

As the demand for parking continues to grow across Canada, so does the need for reliable and efficient parking operations. Parking meters offer a simple, familiar, and cost-effective solution for your parking facility. We have compiled a list of three things you should consider before investing in parking meters for your parking operation.

1.     What are your parking operations goals?

Determining your bottom lines will help you figure out what route you should take – Pay-and-Display or Pay-by-License-Plate. For example, Pay-and-Display meters offer your customers a familiar interface and an inherent way to pay for parking. While Pay-by-License-Plate is more tech-savvy and requires drivers to remember their license plate; however, they offer convenience and cost-saving opportunities, and a wealth of integrative options.

2.     Who are your customers and how will you satisfy their needs?

Knowing who your customers are will help you determine which parking meter solution is the best fit for your parking facility. With smart parking equipment, you can understand a lot about the people using your parking facility. You can determine the peak parking times, who are reoccurring customers, the most common payment methods, and more. All this information allows you to make educated decisions for your customers and parking operation.

3.     What is your budget, and do you have software integrations you want to include? If so, what type?

Depending on your budget, this may impact your decision on which parking meters you decide to invest in. Opting for smart parking technology will not only provide a convenient parking experience for your customers, but will provide you with key operational data integrated into your machine.

With the use of software integrations into your parking meters you can further improve the parking experience alongside automating processes. The following integration are becoming more standardized and often expected; mobile parking payment apps, parking validation solutions, cloud-based enforcement technology and much more.

Learn about our versatile parking meter solutions that are designed to meet your unique operational needs.