Finextra

5 Key Features to Look for in a Closed-Loop Automatic Fare Collection System

Riders don’t care what kind of system you use. They care that it works and provides what they expect. They expect real-time updates, simple account management, and zero surprises. And public transit ...
TechRepublic

A Secure Automatic Fare Collection System for Time-Based or Distance-Based Services With Revocable Anonymity for Users

Automatic Fare Collection (AFC) systems calculate the fare that the users must pay depending on the time of service (time-based) or the points of entrance and exit of the system (distance-based). The ...
Finextra

Why Public Transit Needs Closed-Loop Payment Solutions for Better Fare Management

As a transit operator, it must be challenging for you to manage fare collection efficiently. The ongoing struggle with revenue leakage, high operational costs, and passenger dissatisfaction due to ...
Business Wire

Beloit Transit System (Beloit, WI) Goes With a New Automated Fare Collection System From LECIP Inc.

BENSENVILLE, Ill.--(BUSINESS WIRE)--LECIP Inc., LECIP Holdings Corporation(TOKYO:7213)'s consolidated subsidiary, has installed its new Automated Fare Collection (AFC) systems, including LF-7000, to ...