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PARKING METER

  • US 20080277468A1
  • Filed: 05/13/2007
  • Published: 11/13/2008
  • Est. Priority Date: 05/13/2007
  • Status: Active Grant
First Claim
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1. A method of operating a pay parking system comprising a plurality of parking spaces, a plurality of parking meters, each parking meter comprising a credit card reader, a timer and a processor coupled to said credit card reader, said method comprising:

  • a) commencing the timing of a parking payment period by said credit card reader reading a credit card;

    b) authorizing a fixed pre-payment amount to said credit card;

    c) timing the parking period;

    d) ceasing the timing of said parking period upon reading said credit card a second time;

    e) cancelling said fixed pre-payment amount charge;

    f) calculating the charge amount for the time elapsed between steps a) and d);

    g) charging said credit card the amount calculated in step f).

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