Touchless Parking Payment System Using RFID Technology Integrated FinTech Payment Solutions

Urban traffic is now affecting living standards as more people place an emphasis on quality of life, and parking concerns such as time-consuming parking payment processes and increased congestion due to drivers looking for parking space and slowing down car speed are becoming ever more aggravated. With technology advancements, RFID Technology, IoT, and FinTech solutions for parking payment systems should be implemented, particularly in high-demand and scarce parking areas, to enhance the parking process. Therefore, this research requires professionals in related fields involved in the stratified and quota sampling process to gather reliable data and insights. Finally, the proposed system’s outcomes are presented, followed by recommendations for related future study.