The PaybyPlate system leverages AI and OCR technology to streamline and enhance the user experience across various services. By automating vehicle recognition, integrating with leading POS systems, and offering flexible payment options, it provides a hassle-free, efficient, and convenient solution for both businesses and customers.
At the entrance of the service location (such as a restaurant, fuel station, or parking lot), an AI-driven camera system captures images of vehicles' license plates. Using advanced optical character recognition (OCR) technology, the system accurately extracts the license plate number from the captured images.
The AI system processes the license plate information and matches it against a database of registered users. If the vehicle is associated with a registered user, the system retrieves the user’s profile and payment information.
For users who have previously registered their license plate and payment information, the process is automatic and seamless. The system recognizes their vehicle, allowing access or initiating the desired service without any additional steps from the user. The associated payment method is charged automatically.
New users who have not yet registered can quickly sign up through a mobile app or website. During registration, users input their license plate number, contact information, and payment details. This setup process takes only a few seconds.
Registered users have their entry or service fee automatically charged to their saved payment method upon arrival or service completion. New users or those who prefer can opt for manual payment, using various methods such as cash, credit cards, or mobile payment apps.
The PaybyPlate system integrates seamlessly with leading point-of-sale (POS) systems, ensuring smooth and efficient transaction processing. This integration allows for real-time updates, accurate billing, and streamlined operations at participating locations.
Once the service is rendered (e.g., parking, fueling, food pickup), the AI system processes the payment using the registered method or the manually provided payment option. The transaction is completed seamlessly, ensuring a smooth and efficient experience.
Users have the flexibility to choose between automatic and manual payment options. Automatic payments ensure that fees are deducted seamlessly from the registered payment method, while manual payments allow users to pay at the point of service if preferred.
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