Frequently Asked Questions

Answer:  While it’s true that a closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More system could adequately handle most of your ticketing requirements, it’s important to consider the preferences of your patrons. Many people prefer not to carry an additional card, such as a transit closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More card. Furthermore, your patrons and City Council members are not always confined to your town. When they travel to other cities and are able to use their credit cards for public transit instead of purchasing local transit cards, they appreciate the convenience. They desire the same level of convenience in their own city, hence the push for an open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More system.

Answer: While it’s generally true that closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More ticketing systems are less expensive than traditional open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More systems, this isn’t the case when you opt for UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More. With UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More, open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More systems can actually be more cost-effective than closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More ones. Here’s why:

• The cost for merchant services via UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More is lower than that of a traditional open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More system, and is roughly equivalent to what you would pay for a closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More system.
• You can establish your concession and unbanked patrons’ cards using the same contactless EMVA protocol used by payments smart cards and points of sales for execution of payments transactions. More technology. This eliminates the need to issue separate closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More cards, install a second reader in your validatorsValidator is a device with contactless card reader, registering card taps and validating access to the transit services. It is not a point of sale in UniTiAg model. More, or maintain two sets of software. For example, you may issue white-label contactless cards for specific groups, such as local college students who are eligible for free rides.

Answer:  UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More enables you to secure cheaper merchant services due to a higher level of transaction aggregation. For instance, if a credit card transaction costs a merchant $0.10 plus 5%, it’s beneficial to have multiple rides covered by a single payment transaction. UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More facilitates this through OTRBOpen-to-Ride Balance is an e-wallet monetary value for ticketing purposes, associated with a contactless token, shared between Transit Agencies.  It can be pre-authorized, prepaid, postpaid, or a combination of thereof. More payments, effectively lowering the credit card acquiring costs. Debit card adoption in UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More is higher (see another FAQ), and debit card transactions are usually charged less by acquirers.

Answer:  Lower capital expenditures on the UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More adoption are attributed to the following factors.

• The exclusion of point-of-sales functionality from your validation software.
• The potential to minimize, if not completely eliminate, your PCI DSSPayment Card Industry Data Security Standards. More scope.
• The exclusion of complex payment scheme rules for aggregating transit transactions in card-present acquiring. This provides you with greater flexibility when implementing discount and concession policies.

In essence, there’s no need for you to concern yourself with the regulations of Visa, Mastercard, AmEx, and other payments schemes for card-present Point-of-Sales transactions. UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More handles these aspects through card-not-presentCard-not-present transaction means that the card is not physically engaged with a point of sale device during the transaction. Used in e-commerce. More transactions, directly dealing with your patrons.

Answer:  Think about your experiences with services like Uber or Lyft, or online marketplaces like Amazon or Alibaba. Do you need to top-up your balance before you get into a car or place a purchase order? Usually, the answer is no. Similarly, with UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More and your transit agencyA transit operator or an agency representing several transit operators. The TA acts as a merchant from the UniTiAg’s standpoint. More as an online merchant. For your patrons who are credit cardholders and many debit cardholders with a good payment history, this friction is eliminated. They will be charged after their rides, for example, at the end of the day or when the total fare amount reaches a certain limit. This approach removes the friction associated with pre-ride top-ups and enhances the user experience.

Answer:  The key difference lies in the experience of low-income patrons who often maintain low balances in their bank accounts. With a traditional open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More system, these patrons run the risk of overdraft each time they tap their cards. However, UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More allows them to manage these risks more effectively as they have control over their relatively infrequent OTRBOpen-to-Ride Balance is an e-wallet monetary value for ticketing purposes, associated with a contactless token, shared between Transit Agencies.  It can be pre-authorized, prepaid, postpaid, or a combination of thereof. More payment actions. This level of control reduces the risk of overdraft and contributes to a higher adoption rate of debit cards.

Answer: The answer is both yes and no. UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More allows you to implement a closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More system using white-label contactless EMVA protocol used by payments smart cards and points of sales for execution of payments transactions. More cards. These cards are essentially closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More, meaning they are not accepted outside your area of operations. However, they utilize the same technology as open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More systems. This means you’re not juggling two different technologies simultaneously. For example, you only need one card reader at the validatorValidator is a device with contactless card reader, registering card taps and validating access to the transit services. It is not a point of sale in UniTiAg model. More for all cards, and one set of validation software. Furthermore, some of your concession and inclusion programs can be implemented on regular prepaid contactless EMVA protocol used by payments smart cards and points of sales for execution of payments transactions. More cards. This approach provides a seamless transition for your patrons while maintaining the benefits of both systems.

Answer:  This is a perfect example of what UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More can do that traditional open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More systems cannot. A parent can request non-payment white-label contactless EMVA protocol used by payments smart cards and points of sales for execution of payments transactions. More cards for each child, set up an OTRBOpen-to-Ride Balance is an e-wallet monetary value for ticketing purposes, associated with a contactless token, shared between Transit Agencies.  It can be pre-authorized, prepaid, postpaid, or a combination of thereof. More for each child’s card, and pay the OTRBsOpen-to-Ride Balance is an e-wallet monetary value for ticketing purposes, associated with a contactless token, shared between Transit Agencies.  It can be pre-authorized, prepaid, postpaid, or a combination of thereof. More using the parent’s payment methods via UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More. This provides a seamless and convenient solution for families.

Answer: No, UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More does not compete with ticketing system vendors. Transit Agencies rely on your expertise to implement their ticketing systems. Your role includes implementing our TA and TANB API, instead of a acquiring APIApplication Program Interface More. You can view UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More as a cost-effective acquiring solution that also serves to unify and simplify your ABTAccount-Based Ticketing is a public transit ticketing system model using patron accounts as a source of data for determining fares and validating access to services. More system.

Answer:  This situation is actually beneficial for both parties. The TSMPA business entity and cloud service having two categories of customers: (A) e-merchants and taxi drivers; (B) shoppers, riders, e-wallet holders with cards or cash, and money senders. More is able to reduce merchant service fees due to its advantageous position in negotiations with acquiring processors, thanks to the increased transaction volume.

While it’s true that the scope of your work per project may decrease due to the simplified card-not-presentCard-not-present transaction means that the card is not physically engaged with a point of sale device during the transaction. Used in e-commerce. More acquiring environment and reduced capital expenditures of your customers, this can lead to more successful projects, more customers, and higher fare volumes. Additionally, your services will become more standardized as there’s no need to support interfaces with numerous acquirers. Your validation software will also be more standardized, eliminating the need to support card-present payment schemes and undergo numerous EMVA protocol used by payments smart cards and points of sales for execution of payments transactions. More Level-3 certifications.

This creates a win-win situation.

Answer:  The transition to TA and TANB APIs actually simplifies the software requirements for your validatorsValidator is a device with contactless card reader, registering card taps and validating access to the transit services. It is not a point of sale in UniTiAg model. More. The upper layer of validation software, which in a classic open-loopOpen-loop card is a payment card that can be accepted in many places, such as Visa card, Mastercard card, etc. Open-loop ticketing system allows fare payments with open-loop cards. More system would implement transactions for Visa, Mastercard, and other payment schemes (known as the EMV-Level 3 layer), is not required with UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More. Instead, this layer needs to support a significantly less complex software implementing the simple TA and TANB APIs. Remember, there will be no card-present transactions, and your validatorValidator is a device with contactless card reader, registering card taps and validating access to the transit services. It is not a point of sale in UniTiAg model. More will no longer function as a point-of-sale. Generally, such software implementation should be less costly and can be implemented significantly faster. Please download  our APIApplication Program Interface More documentation here. It will allow your validatorValidator is a device with contactless card reader, registering card taps and validating access to the transit services. It is not a point of sale in UniTiAg model. More software development team to estimate the expenses.

Answer:  In the UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More, these payment cards are indeed used as a means of payment. However, instead of being used at card-present point-of-sale systems, they’re used in OTRBOpen-to-Ride Balance is an e-wallet monetary value for ticketing purposes, associated with a contactless token, shared between Transit Agencies.  It can be pre-authorized, prepaid, postpaid, or a combination of thereof. More payments. The TSMPA business entity and cloud service having two categories of customers: (A) e-merchants and taxi drivers; (B) shoppers, riders, e-wallet holders with cards or cash, and money senders. More must ensure that the OTRBOpen-to-Ride Balance is an e-wallet monetary value for ticketing purposes, associated with a contactless token, shared between Transit Agencies.  It can be pre-authorized, prepaid, postpaid, or a combination of thereof. More cannot be paid with a card different from the one tapped at the validatorValidator is a device with contactless card reader, registering card taps and validating access to the transit services. It is not a point of sale in UniTiAg model. More, with the exception of non-payment white-label cards. This maintains the integrity of the payment process while providing the convenience of a pass-like system.

Answer:  Currently, the COFCCost of Fare Collection, typically expressed as a percentage of the fare revenue. More is estimated to be between 7% and 12% of fare revenue, excluding capital expenditures. A significant portion of the COFCCost of Fare Collection, typically expressed as a percentage of the fare revenue. More comes from merchant service fees. UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring.  More model reduces these merchant fees and also decreases capital expenditures, thereby increasing your share of the revenue.

The estimated annual fare revenue from public transit systems around the globe is approximately USD 300 billion.