The document summarizes a mobile wallet parking payment system called mWallet Pay Parking. It allows users to pay for parking with their mobile phone, avoiding the need for coins. Users enter their parking space number, and the system tracks parking time and charges users only for the time parked. It provides reminders when time is almost up and allows users to view all parking details and transactions online. The system is secure, fast, and paperless, and provides cost savings over traditional parking meters for operators.
2. Why Pay Parking?
Loose change not required
With mWallet, coins are a thing of the past. Use your
mobile phone to pay for parking. It's hassle-free and
saves time.
Pay for the time you park
The system starts tracking the time as soon as you
park your vehicle. So you only pay for the exact time
or for each entry.
Timely SMS reminder
Whoops! So busy you forgot the time? The system
will give you a timely reminder about the reaming
parking time.
Track your parking expenses
You can see all your parking details on-line and can
take a printout.
Secure, easy and fast
It is as secure as paying by your credit card.
NFC/NFC/USSD makes your transaction easier and
faster.
Low operating cost
It saves a huge cost against your traditional parking
meters installation and maintenance fee
3. mWallet Enterprise Suite
mWallet Pay Parking: Time to change
Flexible
Fast Hassle free
Move with mWallet
Secure
technology Pay Parking
New revenue Paperless
stream for Telcos system
Business KPI reporting for
desicion making
4. Traditional v/s mWallet Parking System
Meter Parking System mWallet Pay Parking System
o Cost to collect coins  No more coin collection staff required
o Cost for new meters and their meter  No more meter maintenance, no end of
maintenance life of system
o Cost to change papers  No more cost to change papers
o Cost to test & verify meters whenever  No impact at all. Everything is eMoney
new coins released in the economy
o Cost & time on installing meter for new  No cost for new parking space, just you
parking space have to mark the parking slot & start
o Need more time to monitor every vehicle  Parking attendents can monitor more
parking slots
o Revenue loss during meter repair or in
case of meter out of order  System is earning revenue 24/7/365
5. More about Pay Parking
 One can go online to his mWallet Pay Parking Personal Pages anytime to make changes to his
account, print parking transactions or export data to another format. Once you’re signed up, you
can start using the service immediately.
Q: Why does the user have to enter a parking space number?
A: Parking fees and time limits vary, depending on where you have parked. The system matches the
time limit and parking fees by the parking slot number. Parking enforcement officers check to make
sure the user is in the correct slot, so it’s important the user should enter the right number when
activating his transaction.
Q: If the user parks his vehicle in a lot using mWallet Pay Parking, how do the parking attendants
know?
A: When the user purchases the mWallet Pay Parking, the system recognizes the user by his phone
number as a registered user and connects to his account. The user selects the time he wants to
park for, and key in the parking slot or space number. The parking attendant verifies his parking
session using NFC/USSD short codes on his cell phone, by looking up the license plate number of
the parked vehicle, as well as the parking slot number (and space number where required).
Q: What about the users who don't have mWallet or even phone?
A: These users can purchase parking from nearby designated parking agents paying in cash.
6. More about Pay Parking
Q: How secure is the system?
A: The system is equivalent to PCI DSS compliant and mWallet Pay Parking personal page is SSL 256
encrypted.
Q: How to set fees in the system for mWallet Pay Parking?
A: The system is equipped with user friendly set up GUI. The system allows the local parking providers
to set the time based, entry based and shift based parking rates. One can set the rates in advance to be
applicable in future.
Q: Can the user still get a parking penalty or ticket?
A: In a word, yes. mWallet Pay Parking can’t stop someone from parking in the wrong place or taking up
two spaces, for example, but the system can make paying for parking fast and easy so one's life won’t
revolve around feeding a parking meter. One can reduce parking penalties by opting for mWallet Pay
Parking alerts via SMS. The system will send a message when parking time is coming to an end, giving
time to the user to get back to his car (or extend his session if that is allowed in his area).
Q: Prepaid parking subscription for mWallet Pay Parking is available or not?
A: Yes, User can purchase prepaid parking wallet to pay for parking.
Q: Does the system have reports to see a record of where and when the user has parked?
A: User's parking history is available 24/7 on online portal. One can print a report or view it online
using login/password.
7. Contact us
Have any questions? Please let us know:
Email: enquiry@xpWallet.com