Parkimon’s satellite based road pricing, parking, and speed enforcement solutions can replace current capital-intensive technologies like meters, gantries, speed cameras, and toll booths. Our technology also provides a massive opportunity to reduce congestion in cities and freeways while serving to save lives and influence safer and more eco-friendly driving habits.
Automatic Payments and collection for parking can now be based on time and place. A municipality can map any area and turn it into a paid parking spot (on-street or off-street) without the need for physical meters and gates. The system provides for pragmatic and dynamic pricing based on events, demand and time of the day. Those areas or zones currently unmetered that the owner would, otherwise, want to meter, can now be monetized with the flip of a switch at no cost!