FASTag-based parking at Spaze I-Tech Park

Spaze I-Tech Park has become the first in the country to have enabled FASTag-based commercial parking, said a press release.

Spaze, it said, has turned contactless parking experience into a reality by implementing Stackfusion’s smart parking solution called Parkzap with FASTag and ANPR. Stackfusion is incubated with NASSCOM CoE – IoT & AI at Hartron Innovation Hub, Gurugram.

According to the release, Parkzap provides an informative, easy and non-intrusive parking experience for visitors. The solution has been running successfully at Spaze I-Tech Park since 2016 and now its FASTag upgrade has enabled automated payment of parking fee at the exit gate digitally. It has enabled touch-less, cashless, paperless and no-queue parking facility to the end-users along with robust security in terms of vehicle recognition and authentication via FASTag.

“We as a group have always promoted disruptive technologies by adopting them in our organisation. Our FASTag compatible parking facility is one of our many initiatives to provide a safe environment for visitors to return to workplaces or resume shopping,” said Rakesh Kapoor, Executive V-P – Facility Management, Spaze Towers.