Metered parking is a system where drivers pay for the time they park their vehicles in designated areas. These areas are usually marked with signs and have parking meters that display the cost per hour. Drivers can pay using coins, credit cards, or mobile apps, depending on the meter's capabilities. The purpose of metered parking is to manage the availability of parking spaces and encourage turnover in busy areas. This system helps ensure that more people can access popular locations, such as shopping districts or downtown areas, by limiting the time any single vehicle can occupy a space.