Parking Revenue Management
Secure financial services for greater control
Connect parking payments, accounting, reporting, and deposits through one accountable financial management solution.
Make your parking operation payment-ready
Our technology and in-house financial expertise connect every stage of the revenue process—from customer payment and cash collection to reconciliation, reporting, and deposit.
By managing the systems and financial processes together, we help organizations reduce administrative demands, maintain visibility over cash flow, and strengthen accountability across their parking operations.
Level-1 Payment Card Industry Compliance
The highest level of integrity.
Our card-processing infrastructure maintains Level 1 Payment Card Industry Data Security Standard (PCI DSS) compliance—the highest level of PCI DSS validation. Regular Canadian Standard on Assurance Engagement audits and defined financial controls provide additional oversight across our revenue-management processes.
Precise Parklink is the only Canadian parking organization to achieve Level 1 Payment Card Industry compliance (the highest level) for credit card processing and coin and cash collection procedures. We process millions of dollars every day on behalf of our clients.
From payment to deposit, fully managed
We manage parking revenue as one connected financial process. This gives organizations a clearer view of performance while reducing the complexity of coordinating payment processors, cash services, accounting, and reporting separately.
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Securely process credit, debit, contactless, chip-and-PIN, and mobile-wallet transactions across parking meters, gated systems, and digital payment platforms.
Supported payment options include Visa, Mastercard, American Express, JCB, Visa Debit, Mastercard Debit, and Interac Debit.
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Certified cash collection, counting, replenishment, and reconciliation procedures support facilities that continue to accept coins and banknotes.
Controlled processes and documented financial records help reduce risk and maintain accountability throughout the cash-handling cycle.
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Our in-house accounting professionals reconcile parking revenue across payment channels and facilities, identify discrepancies, and maintain accurate financial records.
This integrated approach reduces manual administration and gives clients greater confidence in their reported revenue.
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Receive monthly financial statements, revenue-management reports, transaction-level visibility, and direct revenue deposits.
Clear reporting helps organizations monitor cash flow, evaluate financial performance, and make more informed decisions about their parking assets.
“The quality and security, particularly with the way Precise ParkLink handles and manages cash collections and credit card processing is very reliable.”
— SUSAN MCCLEAN
Chief Executive Officer, Foundation
Canadian Certified Banking Solutions
Upgrade your system to accept EMV-certified payments
Embedded with increased levels of security Europay, Mastercard, and Visa (EMV)-certified transactions undergo increased verification steps forming a global payment authentication standard.
Frequently Asked Questions:
Answering your questions about our financial services.
+ Does Precise Parklink process payments and transactions securely?
Each and every transaction on the devices and platforms Precise Parklink provides is processed and managed through Precise Parklink using level-1 (the highest level) Payment Card Industry (PCI) compliance.
+ What is level-1 Payment Card Industry Data Security Standards (PCI DSS) compliance?
Level-1 PCI DSS compliance consists of the following requirements:
- Do not retain full magnetic strip and verification code of PIN block data
- Encrypt all non-console administrative access
- Encrypt sensitive traffic over public networks
- Maintain instructional documentation and training programs for customers, resellers and integrators
- Cardholder data must never be stores on a server connected to the internet
- Facilitate secure remote access payment application
- Facilitate secure network implementation
- Test payment applications to address vulnerabilities
- Protect wireless transmissions
- Log payment application activity
- Develop secure payment applications
- Provide secure authentication features
- Protect stored cardholder data
+ What external audit does Precise Parklink undergo each year?
Precise Parklink undergoes regular Canadian Standard on Assurance Engagement (CSAE) audits.
+ How will I be informed of my parking program financials?
Precise Parklink’s in-house accounting team provides complete accounting services, ensuring you are aware of your income at all times:
- Revenue management reporting
- Monthly financial statements
- Revenue direct deposit
+ Does Precise Parklink specialize in banking?
Precise Parklink’s in-house Research and Development division specializes in certified banking solutions.
Additional information on our financial and revenue processing solutions…
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