Nowadays, most parking lots such as residential areas, properties and shopping malls are equipped with intelligent license plate recognition systems. What are its advantages? I don't quite understand.

Contracting underground parking is a high-risk investment, which needs to consider the management level and ability of the contractor and whether it has the economic strength to carry out intelligent safety management of underground parking. Furthermore, if the underground parking lot is managed manually, the cost is too high, the gross profit is too low, and there is no investment contract value. Because of manual management, theft and accidental damage may occur, especially when a toll station is set up on an uphill slope, which will cause novices to slip when the vehicle starts halfway up the slope. In a word, most risks should be considered. In the traditional parking lot, it is generally used to swipe the card or pick up the ticket at close range as the voucher for vehicles to enter and leave the parking lot. These methods have the following disadvantages: 1, car owners must stop and swipe their cards/tickets when entering or leaving the parking lot; 3. The owner swipes the card/ticket at the entrance and exit of the outdoor parking lot in rainy days, and his arm will get wet; 4. It is easy to cause traffic jams during rush hours. If you use smart video card to read, the free parking system will save a lot of costs and greatly increase the total number. Video card card-free charging system takes a set of perfect charging system based on license plate and vehicle type identification as the voucher for vehicles to enter and leave the parking lot, and judges the authority, parking time and parking fee payable of vehicles to enter and leave the parking lot through vehicle identification at the entrance and exit. Using the card-free system of graphics card has the following advantages: 1, fast entry: no need to swipe the card/collect the ticket, vehicle video recognition, 1 sec overspeed recognition. 2. High accuracy: Without the card charging system, the accuracy of automatic vehicle identification exceeds 99%. The parking fee is calculated by license plate recognition, and the license plate of the vehicle is the only voucher for entry and exit. The accounting mechanism is strict to avoid charging loopholes. 3. Cost saving: avoid the loss of card and bill media caused by the traditional card swiping/ticket fetching system, and reduce the later operation cost. 4. Convenient payment: support multi-channel payment methods, including self-service payment machines, handheld PADs, central toll stations, etc.