Will parking meters soon go the way of the pay phone?

It won’t be long before parking meters become a relic of the past.

New York City Mayor Bill de Blasio said earlier this month that the city would implement technology to allow New Yorkers to pay for metered parking spaces using their smartphones by the end of 2016. The new system will work on the city’s 85,000 metered parking spaces.

By Maria LaMagna

Full Story: http://www.marketwatch.com/story/why-parking-meters-will-soon-go-the-way-of-the-pay-phone-2016-02-16