Universal Ticketing Agent

Archives: Glossary Terms

  • COFC

    Cost of Fare Collection, typically expressed as a percentage of the fare revenue.

  • 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.

  • UX

    User Experience.

  • PCN

    Payments Consulting Network

  • API

    Application Programming Interface

  • cEMV

    Contactless EMV

  • EMV

    A protocol used by payments smart cards and points of sales for execution of payments transactions.

  • NFC

    Near-Field Communications, a protocol used for data exchange between contactless cards and readers.

  • PCI DSS

    Payment Card Industry Data Security Standards.

  • Card-Not-Present

    Card-not-present transaction means that the card is not physically engaged with a point of sale device during the transaction. Used in e-commerce.