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L.A. installs credit card-friendly parking meters

May 5, 2010 |  8:54 am

Don’t have $4 in quarters to feed the meter? Not a problem.

Parking meters in Los Angeles are getting a makeover. About 10,000 coin-operated meters are being replaced with their more high-tech cousins, machines that can be paid using credit and debit cards.

Department of Transportation officials estimate that the new meters, which will be installed throughout the city in the most highly trafficked areas, will bring in an additional $1 million to $1.5 million in revenue each year.

The new meters don’t break as often as their coin-operated counterparts, and more people will opt to park and pay with the convenience of pulling out their credit cards, said a spokesperson for Mayor Antonio Villaraigosa.

Parking rates in the city range from $1 to $4 an hour. About 500 coin-and-charge meters have already been installed in the city and brought in extra revenue, officials said.

Villaraigosa is unveiling the new meters in Los Feliz, where about 200 new meters will be installed.

-- My-Thuan Tran