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Author: Keith Lau

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Technical
30

Jan

2020

Auto Reload with Credit Card – Optional

Automatic Reload to the Passenger Smart Card in the Automatic Fare Collection System. Additional engineering development and $ charges are required If the passenger/customer card…

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Fare Collection in Different Cities (Blog)
13

Jan

2020

Automatic Fare Collection as a tool for Infrastructure Crowdfunding for the Third World

Automatic Fare Collection as a tool for Public Transportation Infrastructure Crowdfunding for the Third World   The United Nation’s 17 sustainable development goals (SDGs) to…

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Fare Collection in Different Cities (Blog)
23

Nov

2019

Mobile Ticketing

iBonus Limited Wins Praise for Breakthrough Technology Based on QR Codes for Use in Automated Fare Collection Systems City public transportation systems face challenges on…

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Fare Collection in Different Cities (Blog)
08

Nov

2019

Behind a friendly smile, a penny war in the public transportation of Kathmandu. Can automatic fare collection help ?

If you really want to get a feel of the pulse of Kathmandu, Nepal, try local transportation like public buses, battery run three wheelers. You…

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Fare Collection in Different Cities (Blog)
06

Nov

2019

New York City public transportation fare collection system lags behind third world countries.

Hillary Clinton, who had to swipe 5 times in a row to enter the subway in New York City during her presidential campaign in 2016….

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Fare Collection in Different Cities (Blog)
04

Nov

2019

Automatic fare collection opportunity in Kabul, Afghanistan

1,500 new buses will start their operations in Kabul City in the near future. 23 SEP. 2019 Kabul News: The Kabul Municipality has built 264…

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Fare Collection in Different Cities (Blog)
28

Oct

2019

Cashless payment is well received in public transportation in Jakarta which creates business opportunities in other cities of Indonesia

As a capital city, Jakarta also provides many public transportation options that connect almost all areas at affordable prices. Yes, some are packed but using…

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Fare Collection in Different Cities (Blog)
25

Oct

2019

Automatic Fare Collection development in Sofia, Bulgaria

If you don’t stamp your bus ticket, you will be fine for 20 EUR in Sofia “The public transport control in Sofia is a mess….

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Fare Collection in Different Cities (Blog)
25

Oct

2019

Despite typical collusion, corruption, and tax-evasion problem, fare collection system goes smoothly in Rwanda

Early Success of AFC in Rwanda Rwanda public transport operators are seeing early gains from automated fare settlement leaves hundreds of unemployed. Typical Problems for…

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Fare Collection in Different Cities (Blog)
23

Oct

2019

Why took 4 years to launch Mangmoom card, AFC for buses in Bangkok.

01 Oct 2019,  Mangmoom finally comes The Bangkok Mass Transit Authority (BMTA) today officially started accepting bus fare payments using pre-paid fare cards, contactless credit, and…

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System and Benefits

  • Smart Card Ticketing
  • Technical
  • Flexible Business Model
  • Benefits to the Bus Company
  • Benefits to the AFC Operator
  • Fare Collection in Different Cities (Blog)

Calculate AFC Investment & Return

  • Why we focus on AFC system for buses ?
  • Determine the initial AFC investment ?
  • Determine the pricing for a new passenger stored-value card
  • 4 Years of Cash Flow (1000K Passengers)
  • 4 Years of Cash Flow (100K Passengers)
  • Expected Transaction Fee Income per year
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