Reportedly, National Payments Corporation of India (NPCI) appears to be developing an AI-powered parking payment system.

NPCI is testing a system where cameras and AI read vehicle number plates to automatically debit FASTag accounts, with a proof of concept underway, NPCI chief Dilip Asbe told Moneycontrol.

RFID technology, which is currently in use with FASTag, helps wireless transactions at tolls and parking spots, using radio ...

The global sales of real time parking system are estimated to be worth USD 52.3 billion in 2025 and are anticipated to reach a value of USD 112.7 billion by 2035. Sales are projected to rise at a CAGR ...

VCU got rid of its old parking tag system and replaced it with license ... an upgrade that could bring some new benefits.

Tenders have been invited from private agencies to manage and collect parking charges using a radio frequency identification (RFID) system. The parking sites will be allotted for three years ...