Cashless, ticketless parking is coming to a shopping centre near you

A new cashless, ticketless, user-friendly parking app is set to take the hassle out of parking and give forward-thinking landlords the competitive edge.

KaChing uses license plate recognition (LPR) technology to open the boom when users arrive at and exit a parking lot.

It then automatically deducts the parking fee from their credit cards or pre-paid accounts upon exiting.

The Money Show’s Bruce Whitfield interviewed KaChing co-founder and Managing Director Jaco Marais.

Listen to the audio below for more detail.

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