RAZORPAY

Introduction

Razorpay, founded in 2014, is India's first well-known full-stack financial solutions company headquartered in Bangalore. It offers businesses and individuals a wide range of payment services, including payment links, payment gateway, recurring payments, and invoicing. Besides this, the company also offers multiple APIs and developer tools, which businesses can use to enhance their payment system with mobile applications or websites.

Problem

SJR CYBER LASKER and SALARPURIA SATTVA are multi-tenant buildings. Managing a workspace comes with challenges, and parking slots available at Razorpay were one of those more significant problems.

Availability of parking space:

• SJR CYBER LASKER: 35 (4 Wheeler) + 183 (2 Wheeler)
• SALARPURIA SATTVA : 120 (4 Wheeler) + 160 (2 Wheeler)

Park+ Solution

Razorpay reached out to Park+ for parking solutions for its two Corporate offices: SJR CYBER LASKER and SALARPURIA SATTVA, located at Koramangala, Bangalore. Park+ provided real-time parking visibility to the employees of Razorpay, including Admin Dashboard, Employee App, FASTag integration, RFID Tags, and RFID Readers.

A cloud-based solution checks real-time status updates on Employee App and Admin Dashboard. RFID tags act as a unique identifier given to every vehicle. RFID readers track a record of vehicle entry and exit within the premises. It scans the tags at the office premises' entry and exit points and accordingly updates the parking slots' availability in the application and dashboard.

Benefits Of The Parking Solution

Real-time visibility and status: The employees can use the dashboard or application to check the availability of parking slots on the office premises.

Detailed reports: One of the major benefits is that employees and employers can access the real-time data and day-to-day utilisation of the parking spots and take further decisions accordingly to make the process more seamless.

Find nearby parking locations: In case the parking space is full in the office, you can find nearby parking spots using the provided application.

Effective usage of parking spots: By checking out the real-time data, you can make the effective usage of parking spots. It will also reduce the time spent searching for a parking spot.

Conclusion

Park+ digital parking solutions provide a range of benefits. It is helping Razorpay's employees by providing them with the insight and track record of parking slots to help them make informed decisions. The best part is you can find a suitable parking space for your vehicle right from the comfort of your home, which not only increases visibility but also prevents traffic congestion at the entry and exit points of office premises.