Financial Services

Parking services that secure your bottom line.

We’ll make your parking facility payment-ready.

Our in-house division of accounting professionals will help you reduce costs, improve capital, automate internal processes, and ensure you are aware of your cash flow at all times.

  • Regular Canadian Standard On Assurance Engagement (CSAE) audits

  • Level-1 (highest level) Payment Card Industry (PCI) compliance

  • Certified cash collection and handling procedures

  • Monthly financial statements

  • Revenue management reporting

Secure Revenue Processing

Letting you focus on making money, instead of handling it.

As your parking provider, it’s our responsibility to make your facility payment ready. This is why we specialize in certified banking solutions.

Icon Of A Credit Card

CREDIT CARD TRANSACTIONS

  • Visa, Mastercard, Amex and JCB

  • Level-1 (highest level) Payment Card Industry compliance for transaction processing

  • Tap-and-go, chip-and-pin, mobile wallet

Icon of Debit Card

DEBIT
TRANSACTIONS

  • Visa Debit, Mastercard Debit, Interac Debit

  • Level-1 (highest level) Payment Card Industry compliance for transaction processing

  • Tap-and-go, chip-and-pin, mobile wallet

Icon Of A Stack Of Coins And Dollar Bills

CASH COLLECTION AND REPLENISHMENT

  • Coins and bank notes

  • Certified cash handling procedures

  • Collection and replenishment

  • Accounting services

Icon of Two Hands Holding A Dollar Sign

FINANCIAL
SERVICES

  • Revenue management reporting

  • Monthly financial statements

  • Direct deposit

“The quality and security, particularly with the way Precise ParkLink handles and manages cash collections and credit card processing is very reliable.”

SUSAN MCCLEAN
Chief Executive Officer, Foundation

Read Strathroy Middlesex Hospital Alliance’s Parking Case Study

Level-1PCI Compliance

The highest level of integrity.

 
 

Protecting you, your customers and every transaction under our watch is an integral part of our day. This is why we’ve built strong in-house cash handling and certified banking gateways that result in an unmatched level of support, accountability and security.

Precise ParkLink is the only Canadian parking organization to achieve Level 1 (the highest level) for credit card processing and coin and cash collection procedures. We process millions of dollars every day on behalf of our clients.

Canadian Certified Banking Solutions

Upgrade your system to accept EMV-certified payments!

Embedded with increased levels of security Europay, Mastercard, and Visa (EMV)-certified transactions undergo increased verification steps forming a global payment authentication standard.

Upgrade today!

FREQUENTLY ASKED QUESTIONS

Answering your questions about our financial services.

Each and every transaction on the devices and platforms Precise ParkLink provides is processed and managed through Precise ParkLink using level-1 (the highest level) Payment Card Industry (PCI) compliance.

+ What is level-1 Payment Card Industry Data Security Standards (PCI DSS) compliance?

Level-1 PCI DSS compliance consists of the following requirements:

  • Do not retain full magnetic strip and verification code of PIN block data
  • Encrypt all non-console administrative access
  • Encrypt sensitive traffic over public networks
  • Maintain instructional documentation and training programs for customers, resellers and integrators
  • Cardholder data must never be stores on a server connected to the internet
  • Facilitate secure remote access payment application
  • Facilitate secure network implementation
  • Test payment applications to address vulnerabilities
  • Protect wireless transmissions
  • Log payment application activity
  • Develop secure payment applications
  • Provide secure authentication features
  • Protect stored cardholder data

Precise ParkLink undergoes regular Canadian Standard on Assurance Engagement (CSAE) audits.

+ How will I be informed of my parking program financials?

Precise ParkLink’s in-house accounting team provides complete accounting services, ensuring you are aware of your income at all times:

  • Revenue management reporting
  • Monthly financial statements
  • Revenue direct deposit

Precise ParkLink’s in-house Research and Development division specializes in certified banking solutions.

Additional information on our financial and revenue processing solutions…

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