Preparing for the parking space technology race

Parkeon's David Lloyd sees payment terminals as being very much here to stay

Drivers increasingly like to pay for their stays using bank cards as an alternative to cash. The growth in the use of phone-based parking systems does not mean pay stations will vanish. Indeed, David Lloyd, regional marketing manager for Parkeon, says card-reading terminals will remain a common site. 

Pay stations are continually evolving as the banks and other payment service providers launch new formats, he says. Chip & PIN verification has become the norm for unattended payments,...

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