Riverty expands into ANPR-based parking systems and digital billing
Fintech firm Riverty is integrating automated number plate recognition (ANPR) to support ticketless parking and streamline digital payment processing.
Riverty is providing technical infrastructure for parking facilities that utilize Automatic Number Plate Recognition (ANPR) to eliminate the need for physical barriers and paper tickets. By identifying vehicles via license plate scanning, the system tracks parking duration automatically upon entry and exit.
The adoption of this technology aims to improve operational efficiency for parking operators by digitizing the entire revenue collection process. The solution removes manual intervention, such as issuing tickets or staffing manual pay stations, and integrates directly with Riverty’s digital payment architecture.
This move aligns with the company’s broader focus on automating financial processes across various service sectors. By standardizing parking payments through a digital platform, Riverty seeks to reduce administrative overhead and modernize the parking experience for both facility owners and end-users.