SYSTEM AND METHOD FOR ON-STREET PARKING REVENUE MODEL FOR ELECTRONICALLY COLLECTING FEES

摘要

A system and method for collecting on-street parking revenue. The method utilizes a device which establishes a link with a server. Once the device is validated and the location of the vehicle is established, a message is transmitted to the device with the parking rates for that location. The time that the vehicle is parked at the location is tracked. The parking charges are collected electronically by charging the user's account based upon the parking rates and the time that the vehicle was parked at that location.