ReadyPark bills monthly in arrears. Your monthly platform fee, agreed as part of your site assessment, is charged at the start of each billing period. The processing fee on transactions is deducted from collected payments before payout.

When you're billed

Monthly invoices are generated on the same date each month, based on your sign-up date. Payment is collected automatically via the payment method you provided during onboarding.

What's on your invoice

Each monthly invoice shows:

• The platform fee for each site
• Any agreed add-ons, such as sourced camera hardware where chargeable
• The processing fee deducted from collected transactions
• Your net payout for the period

Revenue payouts

Your share of parking revenue is paid out monthly via bank transfer (BACS). Payouts are processed within 5 business days of the invoice date. If your payout is less than your platform fee in a given month, the difference is charged to your payment method.

VAT

ReadyPark is VAT registered. VAT is charged at the standard rate on platform fees. Invoices are available to download from your account dashboard and include all the information needed for your records.

Payment methods

We accept all major credit and debit cards, and can set up Direct Debit for operators preferring automated monthly billing. To update your payment method, log in to your account or contact our team.