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Does the idea of hunting for a parking space drive you up the wall? Well, a new mobile app called ParkAide promises to take that hassle away – the application will let you book and prepay for a parking space.

Developed in Malaysia and run by ParkAide Mobile, the fully electronic system eschews tickets, so that means no more queues and no more misplaced tickets.

Users only need to download the app and register for the service, buy payment tokens via a credit card or through a supporting bank and book a parking spot – upon arrival at a supporting car park, a kiosk scans the user’s mobile phone, and parking attendants will guide users to the parking bay.

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In the application, there will be a list of available car parks that offer the service. After choosing which car park you want to go to and the duration of your stay, payment will be made through the token method and you can park your car in one of the bays for the allocated time. If you go over the booking time, then you will charged accordingly upon leaving.

The token system is used to pay for the parking lot. Tokens are purchased at a minimum of RM20 (equal to 2,000 tokens), and can be used in the Book-A-Bay feature of the application. The tokens are non-transferable to other mobile devices and are non-refundable.

As for payment, the rate is based on the general parking rate as defined by the individual car park. ParkAide makes its money via a 10% surcharge fee each time a user tops up his/her balance – a user will thus pay RM55 for RM50 worth of token credit (or 5,000 tokens).

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The company has appointed Secure Parking, Malaysia’s largest car park operator, to be its first service provider. At present, the first phase of ParkAide’s roll-out involves 20 Secure Parking car parks in the Klang Valley.

Currently, 10 car parks are running, while the remaining 10 are expected to be completed very soon. ParkAide Mobile adds that it’s targeting to increase the number of car parks registered with the app to around 100 in 2015.

The app is available for both Android and iOS devices. Below are 20 car parks and and their “ParkAide-enabled” status:

  • Avenue K – Installed
  • Wisma Goldhill – Installed
  • HP Tower – Installed
  • Holiday Villa – Installed
  • Amoda Bulding – Installed
  • Sun Complex – Installed
  • Menara Citibank & Hotel InterContinental – Installed
  • Menara HLA – pending installation (by mid-December)
  • Plaza GM – pending installation (by mid-December)
  • Amcorp Mall – pending installation
  • Subang Open Site – pending installation
  • Yayasan Selangor PJ Open Site – pending installation
  • Wisma MCA – pending installation
  • The Intermark (Vista Tower) – pending permission from landlord
  • Integra Tower – pending permission from landlord
  • Menara Hap Seng – pending permission from landlord
  • Menara Hap Seng 2 – pending permission from landlord
  • Eastin Hotel – pending permission from landlord
  • Menara AmMetLife – pending permission from landlord
  • D’Alamanda – pending permission from landlord