The other problem, in the US at least, is that cash is very low value (inflation), and dollar coins never caught on. I'm not trying to carry around $6 in quarters to park for 2 hours. And that's a pretty inexpensive parking spot.
No, they're implying that you need a lot of coins to pay for parking.
If you need $6 to pay for parking, and the largest commonly available coin is a quarter, that means you need 24 coins to pay. If the value of currency was such that the parking only costed $3, or if dollar coins were more common, you'd need less coins to pay.
And maintain them, which I suspect costs even more. Parking meters do fiddly work, out in all weather, where people hate them and do all kinds of vandalism.
It doesn't surprise me that they want to make hardware maintenance your problem.