Archives: Glossary Terms
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Closed Loop
Closed-loop ticketing systems use their specific cards incompatible with other transit systems.
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Automated Fare Collection
Automated Fare Collection. AFC systems can be open-loop or closed-loop. Sometimes, ‘AFC system’ also means ‘account-based fare collection system’
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Offline Data Authentication
Offline Data Authentication. A contactless EMV process for ensuring that the tapped contactless card is genuine.
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Transit Agency Near-By API
A Transit Agency API that gives access to a Transit Agency Ticketing System to its targeted OTRB data replica at the Regional UniTiAg Host.
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SaaS
Software as a Service
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COFC
Cost of Fare Collection, typically expressed as a percentage of the fare revenue.
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Local Patron Account
Local Patron Account – a Patron’s account in a Transit Agency implementing open-loop or closed-loop ABT approach. Such a Transit Agency, after migration to UniTiAg, may still keep patron’s data related to concessions, loyalty, privileges, discounts, etc.
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UX
User Experience.
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PCN
Payments Consulting Network
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API
Application Program Interface