TimeTec Parking offers cashless and touchless system for extra safety and convenience

Modified 3 Feb 2021, 4:14 am

Parking is a matter of grave concern for commercial buildings, particularly in the digital transformation era, where besides cashless is one of the major trends, parking no longer should stay standalone, but to establish a connection with other activities.

Taking the parking solution to another level, TimeTec Cloud Sdn Bhd introduces TimeTec Parking, a digital transformation ready cloud-based parking system that offers all the sought-after features in one, serves as a Digital Gateway to all buildings management.

“Parking is never the sole or the main activity, parking always connects to your real purposes that follow such as shopping, working, meeting, visiting etc. A good parking experience always helps to enhance the buildings' commercial activities,” explained Teh Hon Seng, CEO of TimeTec Cloud Sdn Bhd.

“In the conventional parking system, parking is disconnecting and a standalone activity; hence the modern TimeTec Parking System is a part of the TimeTec Cloud City ecosystem to connect with other activities and add extra value to the building owners and users."

Commenting on Touch 'n Go card's recent news of removing the 10% parking surcharge and eWallet reloadable card plan, Teh welcomes the move. He said, "TimeTec as Touch 'n Go strategic partner in parking foresees that this will further promote the cashless trend, as there are 25 million active TNG cards and 15 million TNG eWallets out there."

When parking experience is concerned, touchless is another trend. Could license plate recognition (LPR) technology be the next winner? "We don't know yet, but when TNG RFID comes into the scene soon, it has the strong potential to change the landscape. Nonetheless, cloud parking management system as backends is a default in the digital transformation in which building owners can liberate the parking data for more usages and analytics," said Teh Hon Seng.

While ordinary people view parking as empty spaces for vehicles, managing parking requires complex hardware, software and human resources to ensure smooth operation all year long. Nevertheless, for parking consumers, the wishlist is relatively short; to have a cashless and touchless parking system that provides reasonable rates.

TimeTec Parking System offers a new ecosystem concept that benefits all the stakeholders. TimeTec invites parking owners and parking management companies to explore TimeTec Parking for future developments.

Contact Kelvin Lim at [email protected] or 012-6891180 for appointments.

About TimeTec

TimeTec Group was established in 2000. Over 20 years, the Group had developed three homegrown globally recognized IT brands, FingerTec, TimeTec and iNeighbour, for workforce management, security, smart office, smart residential and smart township solutions by unleashing of the power of biometrics, cloud & edge computing, IoT and AI technologies. All these solutions connect and change the landscape of work life and home life in a larger ecosystem. Through a vast network, TimeTec Group distributes its biometric hardware products and 16 cloud applications, including IoT devices, to more than 150 countries worldwide. Visit our company websites at,,,

Various renowned clients have subscribed to TimeTec various solutions including QSR Brands, Central Sugars Refinery CSR, Sunway Constructions, Mamee, Yakult, Nano Malaysia Berhad, and many more. The versatility and feasibility of TimeTec products also attract various international customers from all over the world, including Hong Kong, Dubai, Australia, Qatar, South Africa etc. that are using TimeTec as their smart digitalization tool.