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Convergence in Parking and Transit

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Presentation on theme: "Convergence in Parking and Transit"— Presentation transcript:

1 Convergence in Parking and Transit
Steven Grant LTK Engineering Services Senior Systems Consultant Washington, DC March 19th, 2013 2013 Fare Collection Workshop/ TransITech Conference

2 The Connected Traveler
• Access to data at each node of travel via mobile technology • Influence of social media and mobile apps • Changing dynamics of customer engagement and expectations

3 The Potential for Payment Convergence
• Smart phone market penetration expectations • Smart phone apps – move from desktop-based methods to mobile methods  • Additional payment methods using mobile wallets

4 Parking Payment Trends
• Shared revenues with multiple partners • Meeting customer convenience preferences • Increased demand for cashless or electronic payment forms • Increased use of smart phones to find, reserve and pay for parking • Increase in innovative technologies to improve access control

5 Converging Payment and Access Methods
• Contact and Contactless Credit Cards • Mobile Ticketing apps • Near Field Communication • Pre-booking systems • PIV Cards • EZ-Pass • Transit cards (joint tickets) • Account setup and access

6 Challenges for Transit and Parking
• Keeping current with developing payment technologies across multi-modal transport • Accepting these payment technologies across all transport channels • Data security and personal privacy • Meeting consumer expectations

7 • Parking and transit customers share common expectations
Conclusions • Parking and transit customers share common payment and information technologies • Parking and transit customers share common expectations • Transit agencies need to be aware of developments in the parking “space” and in consumer behavior

8 Thank You Steven Grant Senior Systems Consultant


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