It’s Monday morning and you’re late for a meeting, having spent 15 minutes driving around looking for on-street parking. Satisfaction hits as an open spot appears and you take it. But the euphoric feeling quickly turns to dread after realizing you have no coins to pay the meter.
Sounds familiar? Many urban commuters or tourists in cities can probably tell a similar horror story. The problem in some areas has been alleviated by smart parking meters that take credit cards, but Sacramento, Calif., is going one step further by introducing payment by smartphone.
