cash payment: allowing for a leaner parking operation angela reeves – business development manager

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cash payment: allowing for a leaner parking operation

Angela Reeves – Business Development Manager

PayByPhone is part of the group

the PayByPhone journey

P&D machines only

PayByPhone is part of the group

the PayByPhone journey

+

P&D machines only

PBP introduced

as alternative

to P&D machines

PayByPhone is part of the group

the PayByPhone journey

+

P&D machines only

PBP introduced

as alternative

to P&D machines

PBP replaces

some P&D

machines

+

cash payment through PP

retailers

+

PayByPhone is part of the group

cash paymentfor those who don’t have (or choose not to use) a mobile phone and/or credit card

pay the retailer in cash for a parking session

• needs VRN, location number

• gets receipt but places nothing in the car

• immediately updates enforcement database for CEO to view on HHD

cash payment is now live across all PayPoint’s 22,000 retailers

PayByPhone is part of the group

the PayByPhone journey

+

P&D machines only

PBP introduced

as alternative

to P&D machines

PBP replaces

some P&D

machines

all P&D machines removed

– all spaces

are phone only

cash payment through PP

retailers

+ +

cash payment through PP

retailers

+

PayByPhone is part of the group

the PayByPhone journey

+

P&D machines only

PBP introduced

as alternative

to P&D machines

PBP replaces

some P&D

machines

all P&D machines removed

– all spaces

are phone only

cash payment through PP

retailers

+ +

cash payment through PP

retailers

+

PayByPhone is part of the group

stage 1: not lean

P&D machines only

Westminster had 880 P&D machines and 4,500 meters, Barnet has 400 coin only P&D machines

PayByPhone is part of the group

stage 1: not lean

Westminster had 880 P&D machines and 4,500 meters, Barnet has 400 coin only P&D machines

ageing equipment – high servicing and maintenance costs

PayByPhone is part of the group

stage 1: not lean

Westminster had 880 P&D machines and 4,500 meters, Barnet has 400 coin only P&D machines

ageing equipment – high servicing and maintenance costs

up to 40% of Barnet’s P&Ds are out of order at any one time

PayByPhone is part of the group

stage 1: not lean

Westminster had 880 P&D machines and 4,500 meters, Barnet has 400 coin only P&D machines

ageing equipment – high servicing and maintenance costs

up to 40% of Barnet’s P&Ds are out of order at any one time

theft from meters and P&D machines

PayByPhone is part of the group

stage 1: not lean

Westminster has 880 P&D machines and 4,500 meters, Barnet has 400 coin only P&D machines

ageing equipment – high servicing and maintenance costs

up to 40% of Barnet’s P&Ds are out of order at any one time

theft from meters and P&D machines

high cash collection costs

PayByPhone is part of the group

stage 1: not lean

Westminster has 880 P&D machines and 4,500 meters, Barnet has 400 coin only P&D machines

ageing equipment – high servicing and maintenance costs

up to 40% of Barnet’s P&Ds are out of order at any one time

theft from meters and P&D machines

high cash collection costs

no credit card payment

PayByPhone is part of the group

the PayByPhone journey

+

P&D machines only

PBP introduced

as alternative

to P&D machines

PBP replaces

some P&D

machines

all P&D machines removed

– all spaces

are phone only

cash payment through PP

retailers

+ +

cash payment through PP

retailers

+

PayByPhone is part of the group

Stage 2: getting leaner …

+

PBP introduced

as alternative

to P&D machines

the most cost effective means of introducing card based payment

reduced cash collection costs

higher levels of compliance

an increase in revenue – phone payment transactions are higher value than cash transactions

no more free parking where P&Ds are broken

happier customers

PayByPhone is part of the group

the PayByPhone journey

+

P&D machines only

PBP introduced

as alternative

to P&D machines

PBP replaces

some P&D

machines

all P&D machines removed

– all spaces

are phone only

cash payment through PP

retailers

+ +

cash payment through PP

retailers

+

PayByPhone is part of the group

Stage 3: beginning to get lean

less capital expenditure on P&D machines

reductions in servicing and maintenance costs

further reductions in cash collection costs

additional revenue through higher transaction values and compliance

starting to clamp down on theft

less need for Parking Shops – PCN or other cash payments can be handled through PayPoint retailers

cash payment through PP

retailers

+

PBP replaces

some P&D

machines

PayByPhone is part of the group

Stage 3: and also greener …

less vehicles collecting cash

less vehicles servicing and maintaining P&D machines

less electricity to P&D machines

cash payment through PP

retailers

+

PBP replaces

some P&D

machines

PayByPhone is part of the group

Stage 3: what happened in Westminster

Weekly on-street parking income on-street income up from £21.3 million in 2006 to

£35.1 million in 2010 – a 65% increase

PayByPhone is part of the group

Stage 3: what happened in Westminster

on-street income rose from £21.3 million in 2006 to £35.1 million in 2010 – a 65% increase

servicing & maintenance costs plummeted – number of vehicles reduced from 42 in 2006 to 20 in 2010

PBP replaces

some P&D

machines

PayByPhone is part of the group

Stage 3: what happened in Westminster

on-street income rose from £21.3 million in 2006 to £35.1 million in 2010 – a 65% increase

servicing & maintenance costs plummeted – number of vehicles reduced from 42 in 2006 to 20 in 2010

cash collection costs tumbled – vehicles reduced from twelve to zero

PayByPhone is part of the group

Stage 3: what happened in Westminster

on-street income rose from £21.3 million in 2006 to £35.1 million in 2010 – a 65% increase

servicing & maintenance costs plummeted – number of vehicles reduced from 42 in 2006 to 20 in 2010

cash collection costs tumbled – vehicles reduced from twelve to zero

CO2 emissions down from 972 tonnes in 2006 to 385 tonnes in 2009, a saving equivalent to …

C02 emissions (Tonnes p.a.)

PayByPhone is part of the group

220 of these …

PayByPhone is part of the group

or 600 of these ……

PayByPhone is part of the group

Stage 3: and in Barnet?

similar benefits to Westminster

a 40% increase in on-street income overnight when the rules were changed such that motorists could no longer park for free where a P&D machine was broken

PayByPhone is part of the group

the PayByPhone journey

+

P&D machines only

PBP introduced

as alternative

to P&D machines

PBP replaces

some P&D

machines

all P&D machines removed

– all spaces

are phone only

cash payment through PP

retailers

+ +

cash payment through PP

retailers

+

PayByPhone is part of the group

Stage 4: very lean

no more capital expenditure on P&D machines

no more servicing and maintenance costs – Barnet will save £220,000 per annum when they remove their 400 P&D machines

no more cash to collect – Barnet will save another £220,000 per annum

a more streamlined parking team

no more theft

+

PayByPhone is part of the group

Stage 4: very lean

no more capital expenditure on P&D machines

no more servicing and maintenance costs – Barnet will save £220,000 per annum when they remove their 400 P&D machines

no more cash to collect – Barnet will save another £220,000 per annum

a more streamlined parking team

no more theft

allows for ANPR based enforcement

PayByPhone is part of the group

Stage 4: very lean

no more capital expenditure on P&D machines

no more servicing and maintenance costs – Barnet will save £220,000 per annum when they remove their 400 P&D machines

no more cash to collect – Barnet will save another £220,000 per annum

a more streamlined parking team

no more theft

allows for ANPR based enforcement

enhanced management information

PayByPhone is part of the group

Stage 4: and very green …

no cash collection or maintenance = no CO2

PayByPhone is part of the group

Stage 4: and very green …

no cash collection or maintenance = no CO2

cleaner streets – less clutter

PayByPhone is part of the group

Stage 4: and very green …

no cash collection or maintenance = no CO2

cleaner streets – less clutter

real-time parking availability – helping motorists find those elusive spaces

PayByPhone is part of the group

the need for cash payment isn’t going to go away – some people don’t have or don’t want to use their card or phone to pay

cash payment allows parking operators to get the full benefits of phone payment technology whilst maintaining a cash payment option

where does cash payment fit in?

PayByPhone is part of the group

Conclusion

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