KaChing, a South African ticketless parking platform, has announced to its users that it will shut down at the end of August 2025.
This was conveyed in an email in which KaChing noted that, after a decade of operation and innovation, the technology it pioneered had reached its natural end, having run its course.
“As a result, KaChing will begin a gradual shutdown of its services, with our final day of operation anticipated to be 31 August 2025,” KaChing said.
KaChing was originally launched in 2015 with a commercial pilot and was intended to shake up the parking payments market with automatic number plate recognition (ANPR) cameras.
This worked because users would provide their vehicle’s registration number. Whenever they arrived at a KaChing-supported parking site, cameras would detect this license plate and automatically open the boom gate.
This assumes the user had a credit or debit card linked to their account.
With the announced shutdown, the platform has indicated that users with a prepaid balance can get a full refund provided they apply for this before 15 September 2025.
KaChing has said it had partnered with numerous parking facilities and, over the last decade, serviced thousands of users, helping to make their parking experiences smoother, faster, and more convenient.
According to the latest data, KaChing has over 25,000 active users, 60,000 registered vehicles, and has successfully processed over a million parking transactions from over 35 supported parking sites.
However, recent reports have hinted towards growing problems at the company.
Over the last year, users have reported that they could not update their card details, the mobile apps no longer worked, and that customer service was nonresponsive.
Growing industry
While KaChing may be shutting down, other options exist for users looking to keep their parking ticket experiences simple and convenient.
Among these is Admyt, which was founded around the same time and is seemingly doing considerably better than KaChing in 2025, boasting over 300,000 registered cars.
Admyt recently reported strong growth and secured a rollout deal with a major property developer.
Property developer Hyprop announced in September 2024 that it intended to expand Admyt’s systems to 175 parking lanes across several malls.
Admyt’s website also states that the platform’s ticketless entry system is currently supported at 63 retail outlets and 23 office complexes.
The platform’s revenue is generated by a flat R1 commission on each digital ticket, excluding free sessions, and considering it processes over four million tickets annually, it could already be making millions of Rand – even if around 70% of entries were for free tickets.
Admyt recently launched a QR code scanning system to serve as a backup should the ANPR-based system ever fail for a user.
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