Parx Ltd. provides parking payment solutions to municipalities and parking operators across the world. Parx’s EasyPark system has been deployed successfully in markets around the globe for the past decade, delivering significant benefits to all stakeholders including municipalities, franchisees and parking operators, enforcement authorities and drivers. Parx demonstrated cost savings and revenue growth in all the locations where its solutions have been implemented. Parx has developed and registered a revolutionary patent designed to simplify current parking payment methods and render them more efficient. This unique product offers a comprehensive solution for on-street parking, parking lots, and toll booths. EasyPark simplifies the monitoring and collection of parking fees, eliminates fraud and reduces cash handling.
- PARX Ltd. is providing parking payment solutions to municipalities and parking operators across the world
- Solutions implemented on a nationwide scale
- In-house production facility
- Fully leverages patents, IP & know-how across the entire value chain
- 24/7 local technical support with strong R&D and engineering team
- PARX is a subsidiary of On Track Innovations Ltd. (“OTI”) ( NASDAQ : OTIV) - a leading provider of secure contactless smart card solutions having:• Strong balance sheet• Cutting-edge technology