LocoMobi Announce Mobile Fee Computer For Parking, Transit And Toll Systems With True Cloud Operability

Toronto /PRNewswire/ - LocoMobi is pleased to announce the most advanced device for mobile revenue management and operational control. The Mobile Fee Computer (MFC).

The MFC converts time consuming tasks into a seamless flow of easy to manage parking features. This includes prepay for large events or smaller parking lots, valet services and remote payment collections by attendants which greatly reduces congestion and increases flow.

The MFC can catalogue vehicles in real-time, document vehicle damage, issue/revoke parking permits, record payment with receipt, determine parking lot occupancy, and add a layer of accountability to your staff and patrons.

The powerful unit comes with a built-in scanner and camera that staff can use to scan license plates or ticket barcodes to view information from a particular vehicle. The robust features also allow staff to perform vehicle validation or take payments. MFC can read the ticket issued from the entrance ticket dispenser and compute the fee for vehicles to exit.

Staff are able to review a vehicle and record any damage on their handheld prior to accepting the vehicle into their care. Paying transit fare or helping clients in a Toll lane is now easy and efficient. Parking becomes mobile and easy for operators. Using Debit/Credit, Chip/Pin and Tap & Go as well as tracking cash creates speed with efficiency.

All this power in the palm of your hand!

"We realize that the Internet of Things is very powerful," says Grant Furlane CEO AND Co-founder of LocoMobi. "Being the first in the Cloud we understand the importance of mobility, even with attendants, as operators look for flexibility and control at affordable costs. It's just another piece of our Smart City Infrastructure. It's not about just offering a new Cloud device, it's about making that device work seamlessly with all of the revenue control systems."

Fully integrated with LocoMobi's License Plate Recognition (LPR) and Cloud System, MFC is an all-in-one tracking and management device.

Benefits & Features:

• Cloud-based Valet Ticket system
• Cloud-based Event Management system
• Low deployment cost
• Integrated with parking payment system
• Data stored in Cloud & syncs between devices
• Automated dispatch capability
• Track valet cars on-site through geo-fencing technology
• Integrates with License Plate Recognition
• Accept cash payment and issue receipts
• Integrates with parking & law enforcement technologies
• Accepts Credit / Debit / Chip/Pin and Tap & Go - all PCI certified
• Validation redundancies - avoid ticket disputes, duplicate tickets
• Track and record vehicle damage
• Staff accountability
• Streamline efficiency thereby reducing valet queue line

About LocoMobi, Inc.

LocoMobi, Inc. is reinventing parking and transportation technology in the era of cloud, mobile, low-cost hardware and Internet of Things. LocoMobi was the very first to offer a cloud-based licence plate recognition (LPR) system with a complete revenue engine that also provided a management system for virtual permitting systems, violation and citation management. The company also designed and implemented the first LPR-based system incorporating payment stations and barrier gates, which was integrated into a single cloud-based system. LocoMobi offer the largest suite of products including LPR, mobile, pay on foot stations, ticket dispensers, on-street multi-space meters and cloud software. LocoMobi offer innovative apps that drive traffic to businesses and provide real time analytics. Its "Vision intelligence" offerings allow predictive modeling, both for pedestrian and vehicle security. LocMobi recent venture has been in Toll Highways.

LocoMobi's product offerings are unique in their level of comprehensiveness, innovation, and price: Installations typically have twice the functionality at approximately half the price of competitive systems. LocoMobi's innovations have recently garnered worldwide attention when the Company was a winner of the award for TiE50 best new technology in the world, where over 2800 companies from 27 countries were considered. The awards were presented at the Annual TiE50 conference held in the Silicon Valley.