Preferred Parking

Problem

All customers currently pay the same price to park, although many visitors would pay a premium price for the most convenient bays.

Solution

The M3 System recognizes the most convenient spaces as premium, and automatically charges a premium when a visitor pays for the space.

Benefit

  • Revenues rise by 5-20% per site
  • Improves customer experience by creating a ‘Virtual Parking Valet’
Designate premium zones

  • Car spaces are zoned based on convenience of space
  • Most convenient spaces are charged at a premium rate

M3 identifies correct rate for each space

  • License plate and location of car space are identified
  • Correct rate is matched to license plate

Automatic payment at kiosk

  • Pay machine reads the license plate from the ticket
  • System matches the license plate with location and length of stay
  • Premium rate is charged