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Electronic Payment & Pricing > Parking Fee Payment


Electronic parking fee payment systems can provide benefits to parking facility operators, simplify payment for customers, and reduce congestion at entrances and exits to parking facilities. These payment systems can be enabled by any of a variety of technologies including magnetic stripe cards, smart cards, in-vehicle transponders, or vehicle-mounted bar-codes.


The annual operating costs for a parking pricing system in central London averaged $77 million.(2011)

Operating costs of Mileage-based user fee programs can be as low as 7 percent of total system revenue and are more cost-effective than many other types of variable pricing systems.(2011)

Operating costs of Mileage-based user fee programs can be as low as 7 percent of total system revenue and are more cost-effective than many other types of variable pricing systems.(2011)

The capital cost to implement a smart parking system having two roadside DMS units, an integrated web-based reservation system, and IVR support was estimated at $205,000(June 2008)

System to support the Washington Metropolitan Area Transit Authority multi-agency electronic fare payment card cost approximately $25.5 million.(February 2004)

A dynamic time-of-day parking meter pricing system in Los Angeles increased revenues by 2.5 percent and lowered the average parking meter rate by $0.19 per hour.(08/31/2015)

Variable Pricing Systems worldwide indicate an increase in transit use and improved travel times and speeds system wide (priced lanes and general purpose lanes).(February 2011)

Operating costs of Mileage-based user fee programs can be as low as 7 percent of total system revenue and are more cost-effective than many other types of variable pricing systems.(2011)

A Bay Area Rapid Transit (BART) smart parking system encouraged 30 percent of surveyed travelers to use transit instead of driving alone to their place of work.(June 2008)

Survey data indicate the most popular reason commuters use smart parking is that a parking spot will be available when they need it.(June 2008)

In the Washington, D.C. region, SmarTrip cards used to pay both parking fees and subway fares were considered easy to use and were rated high for usefulness.(25 March 2005)

The Washington, D.C. region Metrorail service required that SmarTrip cards be used to pay for parking at all Metrorail stations increasing the purchase of cards from 8,000 per month to 75,000 per month during the first two months.(25 March 2005)