New Cash Payment Terminal for AI Parking System 'DENNOU PARK' Launches in Osaka Prefecture

Introduction

In a significant move for smart parking, DataHax Corporation, headquartered in Shinjuku, Tokyo, has announced the deployment of a new cash payment terminal for its AI-powered parking system, 'DENNOU PARK', starting April 2025. This development aims to accommodate not only cashless transactions but also the cash payment requirements of users, leveraging the benefits of a low initial cost due to the absence of expensive equipment.

Features of DENNOU Payment Terminal

1. Cloud Data Management

The DENNOU payment terminal allows for the secure storage of payment and usage data in the cloud, making it accessible for management and marketing purposes. This innovative approach enables operators to optimize their parking services and potentially incentivize repeat customers with rewards like DENNOU points earned from cash payments (additional implementation required).

2. Flexible Facility Support

The payment terminal is equipped with a QR code reader, allowing the application of various facility-specific discounts. In a recently installed building in Osaka, six different tenants each have unique discount criteria, illustrating the terminal's capability to adapt to diverse operational needs.

3. Supplemental to Existing DENNOU PARK Operations

For those currently operating fully cashless parking systems under DENNOU PARK, the payment terminal can be added retroactively. This allows operators to start cashless operations with minimal initial investments and add payment terminals later based on usage trends, avoiding unnecessary expenses.

Background for Terminal Development

1. Addressing Cash User Demand

With the rise of cashless payment systems, many smart parking options are now visible in urban areas. However, recent surveys revealed a significant demand for cash, as 22.5% of respondents expressed interest in using cash over other methods like QR code payments (43.4%) and credit cards (21.9%). This indicates that catering to users who still prefer cash is essential for future parking facility management.

2. Insights from Parking Operators

DataHax engaged with parking managers from various commercial facilities, hospitals, and companies with numerous suburban locations, who expressed that a full transition to cashless systems isn't realistic without integrating payment terminals. This feedback was pivotal in guiding the development of DENNOU’s payment terminal over the past year while continuing to expand the AI smart parking business.

What is DENNOU PARK?

DENNOU PARK uses proprietary AI technology to identify parked vehicles, managing entry and exit times, and fees without the need for traditional steps like stopping at gates, issuing tickets, or paying at terminals. This streamlined process significantly reduces operational costs, allowing businesses to establish facilities at approximately half the price of conventional parking systems, all with minimal equipment such as AI cameras.

Conclusion

The upcoming launch of the cash payment terminal by DataHax for its innovative DENNOU PARK system reflects a commitment to inclusivity in payment options. It will serve not just tech-savvy users but also those who prefer cash, ensuring a broad spectrum of customer satisfaction. This advancement reveals a critical understanding of users' payment preferences, making 'DENNOU PARK' a frontrunner in smart parking solutions.