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When it comes to urban problems, paid parking is something that is a huge issue. Cities understand how important parking spaces are. Three is a known shortage of parking spaces and cities need to allocate the scarce resource effectively. In order to allocate the scare resource at the same time get the benefit for the city, pay parking is the right solution. A parking system is needed to optimize revenue and be able to allocate parking spaces.

We need first to know what parking is. Parking happens when a car stops and gets unattended for a period of time. In some cases, there are lots where cars can be left unattended. Paid parking can be something that be considered in some parking spaces. For a fee, cars can be parked in the lots for a certain time. It is evident that there are some cities that allocate some spaces for parkers where cars can park for a certain time. In a city, cars are important part of the transport system. The parking spaces should be enough to meet the demands. It would be difficult to allocate parking spaces without pay parking.

It is important to know which system to use when it comes to pay parking mode. The pay parking system should be dictated by the situation of the city. The situation from one city to another vary. Pay parking systems are automated and allow for round the clock pay parking collection. It is best to have an automated system that will allow the parkers to have a varied method of payments available. Parkers should be able to use cards, bills or even coupons.

In a parking garage can be either metered or parking gate system. It is best to use the certain considerations on the system to choose. There are considerations when it comes to long-term or short-term goals. Gates systems can be costlier because of the added equipment and installation of these equipment. On the other hand, metered systems are cheaper since the need is for smart parking meters, as such the costs are low when it comes to equipment and installations costs.

The rate structure is also important when it comes to choosing the right one which can either be varying rate or flat rate. Flat rates can be simpler and may require less equipment. When choosing varying rate, the thing is that there are equipment needed to be installed in both entry and exit points. The flat rate means the parker will be paying the same fee regardless of the parking time. Varying rate can help improve the parking space allocation as it will be costlier for parkers to park for a long time as it may become more expensive.

Revenue generation will be the main motivating factor when it comes to choosing the right pay parking systems.

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