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Smart Parking: Signs up with KFC | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

Smart Parking: Signs up with KFC

By Steve Sam

June 19, 2020

Smart Parking: Signs up with KFC

Global parking business Smart Parking (SPZ) has signed a three-year contract to supply parking services to KFC U.K. and Ireland
Then the company will install its Automatic Number Plate Recognition (ANPR) systems in 50 KFC outlet carparks across the United Kingdom
Thirteen of those sites will have the system installed initially, however, the others will need to assessed to see if the space is suitable for ANPR
Then the system helps businesses manage and monitor their car parks using the identification technology
KFC is a franchise network that operates 450 drive-thru restaurants, of which 250 of them suitable for ANPR managed services
Smart Parking is up 2.27 per cent on the market this afternoon and is trading for 11.3 cents per share

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