Smart card parking applications.
Employees: 6
Main Markets:
Drivers, Parking Inspectors and Local Municipalities
Overview
EASYPARK LTD. was founded in 1991 as a subsidiary of On Track
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Innovations Ltd. (OTI), the world's pioneer in microprocessor -
based contactless smart card technology.
EASYPARK is an in-vehicle Electronic Parking System, designed to
provide a comprehensive solution for street and lot parking. This
turnkey system offers tangible advantages for the driver, the
parking inspector and the local municipality. It is currently
being deployed on a nationwide basis in Israel. In addition,
pilot projects in various other countries are currently being
carried out.
The core of the system is the patented EASYPARK card, a durable,
read/write battery-free, contactless, multi-application smart
card. OTI's contactless smart card technology forms the
read/write process between the EASYPARK card and the reader.
Communication between the EASYPARK card and the parking
attendant's reader is encrypted to ensure the highest level of
protection against fraud.
The EASYPARK card is activated by an on/off push button. Only
de-facto parking time is measured and charged according to
location, residential status and time of day. Being an
'electronic purse, the EASYPARK card can be re-loaded by using
cash or credit cards at designated terminals located in gasoline
station and malls. When re-loading the card, the already
collected parking fees are automatically transferred via the
system's clearing center, to the accounts of the municipalities
that are defined in the system.
EASYPARK has developed and registered a revolutionary patent
designed to simplify current parking methods and regulations
enforcement, whereby rendering them more efficient. This unique
product offers a comprehensive solution for on-street parking,
car lots and toll-roads, useful to both the driver as well as the
authority.
EASYPARK LTD. has already successfully launched the EasyPark card
throughout Israel.
