Solutions
Parking Payment
While the Redeem-Code Payment concept can be easily be adapted to enable payments for a large variety of devices, we have focused our current implementation to address one of our major pet-peeves - paying for parking. Think about it for a moment. How many times have you pulled into a parking spot only to find that you don't have any change to feed the parking meter (and nearby shopkeepers won't make any change unless you bought something)? Or park in an open lot that required you to walk from your car, in inclement weather, to a ticket machine far away to purchase a parking ticket that has to be displayed on your dash? Or park your car at a time-limited spot that required you to leave whatever you were doing - multiple times - to return to your car to feed the limited-time meter? We've all been in these situations; we all know how annoying they can be, and we all wish there could be a better solution.
Now, with the Redeem-Code Payment Service, there is.
In our implementation, we leverage the growing ubiquity of smartphones, along with the PayPal service, to enable a parking payment solution that can easily take advantage of technical parking infrastructure that has already in put in place by municipal and commercial parking lot operators. The latest generation of parking meters, which have replaced the old coin fed machines en masse in many major cities, are capable of accepting payment via SMS text or touch tone phone. Many parking lot operators have also installed ticketless machines that register the numbered parking spot that your car is in. The commonality between these new technologies is a central "parking" backend system which handles multi-channel payment transactions. Given the convenience of these new parking payment solutions, they are quickly growing in numbers all across North America. But as convenient as these machines are, they still require you to walk to the machine to pay before you can continue on your way...
Imagine the scenario:
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