Benefits of Multi-Space Parking for Colleges and Universities

1. Benefits of Multi-Space Parking for Colleges and Universities

2. University 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

3. Student Parking Considerations • Convenience and speed • Options other than credit cards • Cash isn’t always convenient • Managing finances responsibly

4. University 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

5. Parking 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

6. Multi-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

7. Payment Evolution Multi-space pay stations Smart single- head meters Bills Campus cards Coupons Pay-by- Phone Increasing benefits to students and universities Single-head meters Smart cards Credit cards Coins

8. Campus Cards and Parking Pay-by-Phone Server Mobile Alerts Configuration Application EMS Credit Card Processor Accounting System Campus card License Plate Recognition System Campus Card Server Payment Options Enforcement System Enforcement Handheld

9. Supported Campus Cards • Blackboard • NuVision Networks • Total Card

10. Benefits – 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

11. Benefits – 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

12. 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

13. Other 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