Flat-Rate vs. Full-Featured Parking Payment Systems
There are two fundamental possibilities in parking payment systems with gates. They are flat-rate and full-featured parking payment systems. As the world moves towards technological advancement, parking payment automation also becomes more common.
The simplest basic setup is a Flat-Rate Parking System. This only entails a flat-rate parking payment regardless of how long a car is parked in the lot. This can be a disadvantage if higher parking costs can be imposed in more congested areas, such as downtown prime parking.
A Full-Featured Parking System, on the other hand, is more appropriate. It is a smart parking system, also known as parking payment automation, that charges transitory parkers based on the amount of time they spend in the lot rather than a set rate.
The Differences between Flat-Rate and Full-Featured Parking Payment Systems
As only one parking kiosk is required in one lane way, the Flat-Rate System has a reduced purchasing price. There is a minimum of one parking kiosk in the entry lane and one in the exit lane in the Full-Featured System. Many lot owners find that using a Flat Rate parking payment system is an excellent method to begin charging for parking.
On the other hand for the Full-Featured Parking System, a ticket is printed when you enter this type of parking lot system. A parking fee is computed depending on the amount of time spent in the lot at the moment of exit or payment.
An advantage for Flat Rate Parking Payment System is that when a transitory parker enters or exits your parking lot, parking payment systems with parking lot gates allow you to collect payment. There is only one cost that is charged at any given time, regardless of how long you are parked in the lot, whether for a few minutes or several hours.
However if the flat rate is unreasonable then the transitory parker is at a loss. The Full-Featured System is much more strategic and accurate, making sure that the transitory parker is paying for what they use only.
The biggest disadvantage of the Flat-Rate method is the lack of an Entry BOXX (ticket machine) and the inability to charge by the hour. However, where the Flat-Rate method is lacking, the Full-Featured Parking System excels.
Flat-rate payment kiosks can be found in the entry lane (pay-on-entry) or the exit lane (pay-on-exit). Parkers typically pay before entering (indicating that they have the cash to pay), and then the exit gate is a “free out” (meaning that once a vehicle is detected in the Exit lane, the gate arm will open). Many clients also inquire about Parking Lot Full Signs while using this configuration.
A Full-Featured Parking System offers complex rate structures that can be used to set fees. Many lanes of inbound and outbound traffic, walk-up payment machines, parking machine payments, Point of Sale (POS), intercoms, access cards, validations, and more may all be incorporated into this Full-Featured System!
What is O-City?
O-City is an advanced parking payment automation well-known for its technological integration. The adaptability of parking management systems is a major benefit. Because the parking payment automation is organized in a structured manner, it ensures that the process is simple to monitor, control, and regulate parking management systems.
What does O-City offer transitory parkers?
O-City provides transitory parkers with the option to pinpoint the area or parking facility using a QR code, area code or GPS. It is simple and easy to set the duration and have the price automatically calculated. Parkers are able to pay by card, e-wallet, account and telecom bill while a notification confirms all information from the previous steps.Parking time can also be extended through the notification’s auto-renewal options.
O-City offers transitory parkers the ability to reserve parking places in advance, pay using a wide range of instruments and enjoy price transparency with O-City. There is no need to fear fines due to instant notifications and alerts or even losing tickets. The whole process is very efficient and time saving.