Reservations are made and secured via credit card. ParqEx does not store your financial information and uses third-party secure payment gateway providers to process payments. If you are renting a spot, you will be charged at time of booking. If you are a parking spot owner, you will receive your payout on the first Friday after 5 days have passed since the rental has begun.  We wait at least 5 days before paying our owners in order to ensure the rental has taken place and no cancellation and/or refund is needed.