Benefits of Multi-Space Parking Benefits of Multi-Space Parking for Colleges and Universitiesfor Colleges and Universities

University ParkingUniversity Parking

Approx. 1200 campuses in NA with more than 4000 students

Ratio of students to parking spaces varies greatly on campus

Recent survey shows average of 83% of campuses use some form of parking meter technology*

Parking affects students, visitors, faculty, and staff

* IPI Market Benchmark Study

2

Student Parking ConsiderationsStudent Parking Considerations

Convenience and speed Options other than credit

cards Cash isn’t always convenient Managing finances

responsibly

3

University Parking ConsiderationsUniversity Parking Considerations

Service to campus customers• Survey results: 26.1% selected “Provide a wider range

of payment options to consumers” as their #1 or #2 priority

Operational efficiency• Cash collection costs

Financial tracking and analysis Increased revenue without raising rates Management of limited parking real estate Data security

4

Parking Payment EvolutionParking Payment Evolution

“[…] parkers are looking for ways to make payment faster and more convenient so they can move on to their destination more quickly”

“[…] parking operators are trying to leverage technology to drive growth in their top-line and extract further efficiencies to improve their bottom line.”

“Each successive generation of parking technology has attempted to improve the parking experience for these two groups.”• License Plate Enabled Parking, http://www1.digitalpaytech.com/lep_whitepaper.html

5

Multi-Space Parking FeaturesMulti-Space Parking Features

Provide wide range of payment options including credit cards and campus cards

Ability to manage parking permits more efficiently and securely with Pay-by-License

Allow remote parking rate configuration for special events

Ability to configure different parking rates and restrictions for different lots and parkers, i.e. faculty, special guests, departments, employees, and others

Provide special parking permits for visiting faculty or conference guests

Payment EvolutionPayment Evolution

Single-head meters

Smart single-head meters

Multi-space pay stations

Coins

Smartcards

Creditcards

Bills Coupons Campuscards

Pay-by-Phone

Increasingbenefits

tostudents

and universities

Campus Cards and ParkingCampus Cards and ParkingPay-by-Phone

Server

EMS

EnforcementSystem

Campus CardServer

License PlateRecognition System

AccountingSystem

Credit CardProcessor

ConfigurationApplication

Mobile Alerts

PaymentOptions

Enforcement Handheld

Campus card

8

Supported Campus CardsSupported Campus Cards

Blackboard NuVision Networks Total Card

Benefits – StudentsBenefits – Students

Convenience and speed• Single form of cashless payment all over campus

• No fumbling for correct change

Options other than credit cards• Accessible to all students

Cash isn’t always convenient• Avoids searching for quarters

Managing finances responsibly• Funds must be deposited before they are spent

10

Benefits – UniversitiesBenefits – Universities

Service to campus customers• Convenient for students to use• Parents love that they can direct where their money

goes• Departmental and conference uses too

Operational efficiency• Campus cards promotes cashless transactions and

reduces collection costs Financial tracking and analysis• Complete online reporting of all transactions• Can integrate with accounting and ERP systems

11

Benefits – Universities (con’t)Benefits – Universities (con’t)

Increased revenue without raising rates• Cashless payment technologies can increase

revenues by as much as 35%

Management of limited parking real estate• Apply sophisticated parking policies

Data security• All transactions are executed in a PCI Level-1

compliant environment

12

Other Campus Card ApplicationsOther Campus Card Applications

Students can purchase permits using their stored value on the card (most campuses already have this)

Employee Commuter options, give employees an allotted number of permits per semester

Season tickets holders (football games, etc.) can receive permits for the games on card

Summer conferences/camps can receive funds on their card and use as needed

13