Parking Meter: Need To Know

The world’s first parking meter , known as Park-O-Meter No. 1, is installed on the southeast corner of what was then First Street and Robinson Avenue in Oklahoma City, Oklahoma on this day in 1935. His new hometown shared a common problem with many of America’s urban areas–a lack of sufficient parking space for the rapidly increasingly number of automobiles crowding into the downtown business district each day. 

Asked to find a solution to the problem, Magee came up with the Park-o-Meter. The first working model of the parking meter equipment went on public display in early May 1935, inspiring immediate debate over the pros and cons of coin-regulated parking.

Compared to the old tech in the past, parking meter equipment have way improved with models including pay and display, park by space or license and much more. The parking meter equipment accepts bills, coins, credit, debit, prepaid/gift cards and even coupons I mean how can things get any better, right? Well it now comes with anti-tampering cameras and sensors; even audible alarms of unauthorized entry so you keep the bad guys out of your parking meter equipment!

Of course not every company nowadays can offer all these goodies in one machine so make sure you visit the right parking meter equipment suppliers. There are many factors to consider when installing your parking meter equipment which may affect the efficiency if not well considered.

Although parking meter equipment around the world may differ, they do in fact serve the same purpose. Though some cities should consider their rates or user interface as one wrong move by a newbie and they may be paying the world's highest parking rates.

Parking meter equipment can be a very lucrative business as well if you're using them for your parking space since it is a way to collect revenue and it has been reported by many businesses as one of the highest money generating techniques for their businesses.

There are even newer developments with parking meter equipment which are their respective apps to make it easier to not only locate parking spots within the city but also pay for your parking.