The Touch 'n Go System (TNG) function as entry and exit without taking any ticket or card
for parking. This system will be using the customer’s Touch 'n Go card and the customer
scans their card for entering or exit the parking. After the customer touches their TNG card,
the TNG System will send a signal to open the lane barrier and allow the vehicle to pass
through. TNG Terminals are usually located at entry and exit lane areas. This TNG
System also has a server to record all transactions made.
EXISTING PROBLEM
Traditional cash-based parking systems present several operational and financial challenges. Managing cash payments requires substantial administrative effort, from collecting and securing cash to handling discrepancies and conducting audits.
This process is not only time-consuming but also incurs higher labor costs and increases the risk of theft and fraud. Additionally, cash machines and infrastructure require regular maintenance and repairs, adding to operational expenses. Long queues at payment stations can frustrate residents and visitors, negatively impacting their experience and potentially driving them away. In a competitive environment, such inefficiencies can diminish the overall attractiveness of the property.
SOLUTION
Adopting cashless parking systems offers significant benefits for building owners and operators. Cashless payments streamline the parking process, reducing administrative burdens and lowering labor costs associated with cash handling.
MaxPark Cashless Parking System enhances security by minimizing the risk of theft and fraud, as electronic transactions are more secure and easily traceable. For users, the convenience of multiple payment options—such as credit/debit cards, mobile wallets, and online accounts—translates to a better overall experience, increasing satisfaction and retention of residents and visitors.
Moreover, cashless systems provide valuable data analytics, enabling better management of parking resources and optimization of revenue streams. Real-time data on parking availability can improve traffic flow within the facility and reduce congestion.
By modernizing parking infrastructure, building owners can enhance the property’s appeal, attract more visitors, and ultimately boost their bottom line.
BENEFITS
Users can pay for parking quickly and easily using their smartphones or contactless payment methods, eliminating the need for cash or coins.
The system reduces the time spent searching for payment machines, handling cash, or waiting in lines, allowing users to park and go about their business more swiftly.
Cashless systems often integrate with navigation apps and provide real-time information on available parking spaces, enhancing the overall parking experience.
Parking operators save on costs related to cash handling, such as collection, counting, and transporting money. This also reduces the risk of errors or theft.
Electronic payments provide detailed records and data analytics, helping operators track revenue more accurately and identify peak usage times.
Users can choose from various payment methods, including credit/debit cards, mobile wallets, and online accounts, offering greater flexibility and convenience.
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MAXPARK PARKING SOLUTIONS
MaxPark is a recognized leader in the field of parking management solutions in Asia Pacific for more than 30 years and ISO 9001 certified.
MaxPark, a recognized leader in parking management solutions in the Asia Pacific for over 30 years, is proud to be ISO 9001 certified. Additionally, we are certified TNG system integrators, ensuring top-quality service and expertise in our industry-leading solutions.