This page introduces modern fare collection—also known as ticketing—technology designed for an audience that may not be experts in all three areas: information technology, payment processing, and electronic transit fare collection.
Our audience includes city mayors, councilors, transit commission executives, and personnel from transit agencies who are responsible for ensuring the efficient operation of public transit fare collection systems.
In the following three videos, you will be introduced to three distinct yet often complementary business and technological models of fare collection. Let’s embark on this journey together!
Understanding Closed LoopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More
Explore the ins and outs of closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More transit fare collection systems, their advantages, and limitations. In this video, we provide an overview of closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More transit fare collection systems, where each transit agencyA transit operator or an agency representing several transit operators. The TA acts as a merchant from the UniTiAg’s standpoint. More operates its own fare system that is not compatible with others. Join us as we dive into how closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More systems function, what components they consist of, and their strengths and weaknesses. Closed-loopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More transit fare systems allow passengers to pay fares using reusable mediums, typically contactless cards or mobile apps. While contactless media is the primary method, some transit environments also utilize barcode media.
Understanding 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
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 enhance your city’s appeal, especially in high-tourist areas, by providing seamless access to transit services. Additionally, they improve the patron experience by reducing the need for additional transit cards, streamlining the process for both residents and visitors. While 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 ticketing brings clear advantages, it also introduces challenges, such as rising costs of fare collection (COFCCost of Fare Collection, typically expressed as a percentage of the fare revenue. More) and managing the complexities of payment processing.
Understanding Innovative 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: Universal Ticketing AgentUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring. More
UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring. More is an innovative SaaSSoftware as a Service platform that enables Transit Agencies (TAsA transit operator or an agency representing several transit operators. The TA acts as a merchant from the UniTiAg’s standpoint. More) to sell rides through a common Two-Sided MarketplaceA 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 (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) infrastructure. By leveraging Open-to-Ride Balances (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), UniTiAgUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring. More allows patrons to pay for transit services via 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 cards, streamlining the fare collection process and significantly reducing costs.
Alternatively, you can watch these videos on YouTube:
- Video Part One: Understanding Closed LoopClosed-loop ticketing systems use their specific cards incompatible with other transit systems. More
- Video Part Two: Understanding 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
- Video Part Three: Understanding Innovative 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: Universal Ticketing AgentUniversal Ticketing Agent is a model of open-loop public transit ticketing using card-not-present transactions for fare acquiring. More