Philippines - Smart Money brings cashless parking system

e-Park via SMS: what an advanced mobile solution technology

Smart and parking operator Wi-Tech Solutions & Development have launched an e-Park initiative and is a project of Smart Money. Users of Smart Money, the electronic wallet service, can conveniently pay parking fees through SMS when they park their vehicle along the Roxas Boulevard service road in Manila, site of the first cashless and automated street parking system in the Philippines. After parking on any of the 90 slots between Pedro Gil Street and the Magsaysay Center on Roxas Boulevard, vehicle owners with a Smart Money account need only text a code to have the parking fee automatically deducted from their mobile wallet. The parking rate is PHP 10 per hour. Vehicle owners can occupy a slot for a minimum of two hours. Thirty minutes before they reach the time limit, Smart Money users will receive an SMS reminding them to either vacate the slot or send additional load using the same code to extend their use of the parking space.

Vehicle owners who have no Smart Money account yet can pay in cash to e-loaders in the area who, for a minimal fee of PHP 3-5, will then use their Smart Money account to remit the payment to the e-Park system. Those who wish to get a Smart Money account may visit smart.com.ph.

Source: By telecompaper on 8th October 2012.

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