There is a growing shortage of parking spaces in large urban centers worldwide caused by the constant rise of number of vehicles competing on same limited parking resources. Accordingly, the prices of parking continue to rise.
In many cities, there are a lot of residential and private parking spaces that are free most of the time, when their owners are off for their work etc.
EasyPark Private provides a smart market place to match between private parking spaces owners who wish to lease them by the hour when they are not i
n use, and drivers who wish to secure a parking space for their vehicle with reasonable cost.
Private parking spaces owners can list their spaces and their availability instructions on the EasyPark Private system in cities where it was launched. Drivers will download a smartphone app and will register to the system, providing a payment method such as a credit card. The system will then refer drives to nearby private parking spaces that are made available by their owners when they are not in use. Drivers can even book a parking space in advance via their smart phone.
The EasyPark Private system is settling the fee collection from the drivers and the payment to the parking spaces owners on a fixed hourly rate basis.