What do the different rates mean?

The different rates of a location explained

• The hourly rate is the price per hour, which increases per minute starting from the minimum rate and up to the 24-hour rate.
• The minimum price is the minimum amount that is charged. This amount is not added on top of the bill, but rather it is the minimum amount that must be paid, even if you park for less than an hour for example.
• The 24-hour rate is the maximum amount charged per 24 hours. If you reach the 24-hour rate, the amount stops increasing. After 24 hours, the amount starts increasing again until you reach the 24-hour rate once more.