Method and system for generating parking meter alert notifications

A method for providing parking meter alert notifications, comprising:

• receiving, by a receiving device, transaction data for a payment transaction associated with a specific parking meter, wherein the transaction data includes at least a specific consumer identifier, a transaction amount, and a transaction time and/or date;
• receiving, by the receiving device, rate data;
• identifying, by a processing device, an expiration time and/or date based on at least the transaction time and/or date, the rate data, and the transaction amount included in the received transaction data;
• and
• transmitting, by a transmitting device, an alert notification to a consumer based on the specific consumer identifier.

A system for providing parking meter alert notifications, comprising:

• a receiving device configured to receive transaction data for a payment transaction associated with a specific parking meter, wherein the transaction data includes at least a specific consumer identifier, a transaction amount, a transaction time and/or date, and rate data;
• a processing device configured to identify an expiration time and/or date based on at least the transaction time and/or date, the rate data, and the transaction amount included in the received transaction data;
• and
• a transmitting device configured to transmit an alert notification to a consumer based on the specific consumer identifier.