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The High Costs of Cash and Coin Payments in Parking Operations Part 2
The High Costs of Cash and Coin Payments in Parking Operations (Part 2) Strategies to Reduce Risks and Transition to Digital Payments In Part 1, we explored the many ways cash and coin payments weigh down parking operations, from high labor and maintenance costs to theft risks, sanitation concerns, and declining customer satisfaction. Now, it’s time to look at what comes next. Transitioning away from cash doesn’t happen overnight. It requires planning, technology integration, and communication with both customers and staff. But when done thoughtfully, the shift to digital, contactless parking payments delivers real results: lower costs, greater efficiency, and […]
The High Costs of Cash and Coin Payments in Parking Operations
For decades, cash and coin payments were the backbone of parking. Single-space meters, pay-on-foot kiosks, and gate-controlled facilities all relied on quarters, dollar bills, and frequent trips to the bank. Today, however, those “familiar” methods come with hidden expenses that strain budgets, frustrate customers, and expose operators to unnecessary risks. This post explores why continuing to accept coins and cash in parking operations is increasingly costly and why digital and contactless parking payments are rapidly becoming the smarter solution. Let’s first look at the operational costs of accepting cash and coins. Coin handling and sorting are labor-intensive. Staff must regularly collect and count […]
6 New locations
Big news for Pivot Parking! On July 1st, we officially kicked off operations at 6 new locations across 5 cities! Our incredible teams pulled off seamless transitions during the busy holiday week, and we couldn’t be prouder! 📍 New Hanover County Garage – Wilmington, NC 📍 FNB Tower Garage – Charlotte, NC 📍 703 E. North St Parking – Greenville, SC 📍 St. Philip Garage, College of Charleston – Charleston, SC 📍 350 & 450 Las Olas Garages – Ft. Lauderdale, FL
TOWN OF BEAUFORT, NC MAKES THE PIVOT
Pivot Parking is honored to have been chosen by the Town of Beaufort, NC to manage their paid parking program. We look forward to bringing our equipment-less technologies and ambassador approach to this beautiful and unique small town.
Tennessee Location announcement
We’re proud to announce another new property that we now manage: The Neuhoff District in Nashville, TN! This property is a historic adaptive reuse project along the bank of the Cumberland River with over 914,000 sq ft of retail, residential, and office space and 2,100 parking spots, including car and bike valet services; we’re ready to provide top-notch parking solutions!
It's time to make the Pivot. Let's tackle your parking challenges together.
Contact Us to Request a Proposal
Let us help you make the Pivot and tackle your parking challenges together.