June 2, 2014 – Dallas, TX, USA
LocoMobi, Inc. is pleased to announce its newest innovative product that will further expand its leadership in cloud-based revenue control payment systems. The new MOJO Xtreme expands on LocoMobi’s MOJO pay station product line with new features for securely handling cash, credit and debit payment methods. The MOJO Xtreme accepts Credit, Debit and Chip Pin (EMV) payments and accepts and offers change in both Bill Notes and Coins.
Using advanced encryption techniques provides better security and less vulnerable to cyber attacks or viruses more common in PC Based systems that have been in place for the past 25 years.
The MOJO Xtreme builds on core features of the MOJO platform. These include deep integration with LocoMobi’s revolutionary license plate recognition systems and cloud management portal. The license plate entry system eliminates lost tickets, pass card abuse and other forms of media that can be manipulated, when combined with LocoMobi’s Enhanced License Plate Recognition cameras at the entry and exits in gated or ungated facilities. The cloud management portal delivers real-time transactions, control, inventory tracking, and enforcement and validation support from any mobile or cloud device.
LocoMobi is unveiling the MOJO Xtreme June 2nd, 2014 at the International Parking Institutes annual conference and exhibition. The MOJO Xtreme will be installed in three new facilities starting next week.
About LocoMobi, Inc.
LocoMobi, Inc. is reinventing parking and transportation technology in the era of cloud, mobile, low-cost hardware and Internet of Things. LocoMobi was the very first to offer a cloud-based license plate recognition (LPR) system with a complete revenue engine that also provided a management system for virtual permitting systems, violation and citation management. The company also designed and implemented the first LPR-based system incorporating payment stations and barrier gates, which was integrated into a single cloud-based system. A garage using a LocoMobi LPR system knows every vehicle that enters and exits and links all payments to the vehicle’s license plate. For parking owners and operators, this is of immense value as they have full knowledge of and receive payment from every single parker. The revenue gains after deploying a LocoMobi system can significantly increase the value of the parking asset. The company also designs and implements a complete suite of traditional parking systems. LocoMobi’s product offerings are unique in their level of comprehensiveness, innovation, and price: installations typically have twice the functionality at approximately half the price of competitive systems.
LocoMobi’s Mobile payment application, QP Quickpay™, also complements any parking facility as an alternative to the payment station utilizing the same rate engine and cloud portal.
QP QuickPay can be used standalone, integrated with legacy hardware at low cost, or as part of a fully integrated LocoMobi system to deliver new value for drivers as well as parking owners and operators. For drivers, the combination of LocoMobi’s QuickPay mobile technology and gate kit with LPR and product set leads to an ideal parking experience: a driver registers one time with the QP QuickPay app and enters his or her license plate and credit card. The driver then drives into a garage, LPR cameras recognize the vehicle and the gate opens automatically. When the driver is ready to leave, he or she drives to the exit gate, the LPR cameras recognize the car again, bill the credit card saved to the QP QuickPay account, the gates open and the driver exits–all in a matter of seconds. A similar system works in non-gated scenarios as well. For owners and operators, LPR transactions can now be linked to registered drivers, enabling customer knowledge and communications.
LocoMobi has partnerships with most of the major parking operators in the U.S. and Canada, and is deployed in parking garages and lots, hotels, malls and theme parks and on-street in major cities throughout the U.S. and Canada.