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With Parcxmart, cities can increase revenues and decrease operating costs with no upfront capital outlay required.
HOW DO WE DO IT?
  • Parcxmart leverages the investment cities have already made in their parking operations to increase revenues and decrease operating costs.
  • The Parcxmart formula for increased revenue generation is very simple - the more meters that use Parcxmart, the more a city will see its parking revenues increase. The cost to the city for new meters will change quickly from an expense to a profit center.
  • Parcxmart works with the city’s meter infrastructure to deliver turnkey payment solutions for no upfront capital outlay.
  • Parcxmart brings a network of local merchants that generate interest in smart card parking and easy access for loading and reloading the Parcxmart card - to assure a steady and ongoing revenue stream to a city’s parking infrastructure.

With Parcxmart, cities reduce fraud and vandalism.
HOW DO WE DO IT?
  • With a secure smart card payment option, you minimize the use of coins and cash, and in the process the possibility of fraud is decreased and the reasons for vandalism are diminished.

With Parcxmart, cities can increase revenues and decrease operating costs with no upfront capital outlay required.
HOW DO WE DO IT?
  • Parcxmart operates a secure e-Purse (electronic purse) payment platform.
  • All funds are managed by banks.
  • The city is paid out of a secure and auditable bank Trust Account.

Parcxmart works with the city to insure that an electronic revenue collection process is fully operational before launch, and thereafter.
HOW DO WE DO IT?
  • Parcxmart will work to integrate an electronic collection capability for parking meters and garage systems if one does not already exist, and set up the infrastructure to ensure timely revenue payment from the Trust Account to the chosen city account.
  • Throughout the whole transaction process, from card load at the merchants, to payment to the city for parking time purchased by cardholders, Parcxmart never touches the money.
  • Parcxmart works with parking operators and merchants to define periodic, ad-hoc or any special reports that an operation may require.

 

   
   
Parcxmart Technologies, Inc. Telephone: 603-929-3050Email: info@parcxmart.com@ Copyright 2004 Parcxmart Technologies Inc. All Rights Reserved