Councillors had attended a workshop this week to look at a particular parking product to see how it worked and the features available.
"The technology has moved a long way in the last couple of years and you can do all sorts of things," Craig said.
However, a decision on new technology and meter replacement was some way off, she said.
Compliance operations manager Jason Shailer said currently three Reino meters in Victoria Ave were out of action because the council could not source replacement parts.
The council has 44 of the 16-year-old Reino meters in Victoria Ave between Taupō Quay and Ingestre St. As far back as 2012, the council signalled the need to replace the Reino meters, saying they had poor weatherproofing and required a lot of maintenance which no company in New Zealand could perform.
There is a mix of other meter types around the central city, including 177 single-head Duncan meters that are about 35 years old. They are in Guyton St (32 meters), Watt St (48), Ridgway St (62), Maria Place (5) and St Hill St (30).
In Drews Ave, there are four on-street pay and display machines, each about four years old. There are four off-street pay and display machines in St Hill St, Drews Ave, Ingestre St and Moutoa Quay. These machines are about 25 years old.
The newest parking meters are in Taupō Quay. The four meters were installed in March 2019.
Shailer said all parking meters were up for replacement.
"Depending on who the successful tender is, we would prefer to have one parking meter system in Whanganui instead of the four parking meter systems we have at the moment," he said.
"If the successful tender is the same supplier of those four newer meters on Taupō Quay then we will probably keep them and not replace. However, if another company was successful we would probably replace to ensure we have the one parking meter system across Whanganui.
"The replacements will be new technology. The exact model is unknown because we need to go to tender but we would prefer meters with multiple paying options such as coins/credit or debit cards/app-based payments or QR code payments."
Currently the council had no plan to increase or decrease parking fees, Shailer said.
"We're unsure if the revenue will increase or decrease once the new meters are in place."
The reason for the parking meter replacement project was not to increase revenue, he said.
"The goal is to improve convenience for the public with regards to multiple payment options, introduce modern technology to replace our ageing meters, decrease 'visual pollution' by removing meters at the end of each car park space to only one meter for multiple spaces, and reduce the time and cost spent on maintaining obsolete meters."
In the July 2019-June 2020 financial year the council raised $492,761 from parking meters, but this included the Covid-19 lockdown period. In the 2018/19 financial year, the meters raised $527,280.