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iBonus® AFC System for Buses

The World first instant deployable Automatic Fare Collection (AFC) system

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Author: Keith Lau

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Fare Collection in Different Cities (Blog)
22

Oct

2019

Yangon struggles on financing an automatic fare collection system for its 3,000 old buses

Myanmar aims to go fully cashless in five years and transportation will be a key driver. Jan. 17 2018, Excel awarded the AFC tender Acer…

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Fare Collection in Different Cities (Blog)
21

Oct

2019

Why Kenya’s cashless payment adoption for public transportation is low?

In order to better understand the problem, let us study an article published in Sept. 2016 By Kenneth Odero “Kenya’s Cashless Payment System For Public…

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Fare Collection in Different Cities (Blog)
21

Oct

2019

Beep card focuses more on the vertical market in Manila which leaves room for other fare collection development outsides Manila.

Beep Card Beep card payment system is aggressively expanding to provide better services to the riding public in Manila. 5 million cardholders Over 5 million…

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Fare Collection in Different Cities (Blog)
18

Oct

2019

The challenges of One Nation, One Card introduced for multi-modal public transport in India

Prime Minister Narendra Modi launched today One Nation, One Card for transport mobility at a function in Ahmedabad today. The Indigenous Automatic Fare Collection System…

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Fare Collection in Different Cities (Blog)
16

Oct

2019

Is QR code-based mobile e-payment practical for Hong Kong public transportation?

Octopus card as a fare collection system has been monopolized for all public transportations including MTR, buses, and ferries in Hong Kong for a couple…

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Fare Collection in Different Cities (Blog)
15

Oct

2019

Why is Malaysia struggling to go cashless? 2019

As demographics across the world and in Malaysia continue to shift, consumers are increasingly seeking quicker, safer and more convenient methods to pay for goods…

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Fare Collection in Different Cities (Blog)
15

Oct

2019

7 New Business Opportunities in Malaysia 2019

With the launch of the Digital Free Trade Zone (DFTZ) in November 2017, the most obvious opportunity lies in e-commerce. In fact, the Malaysia Digital…

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Fare Collection in Different Cities (Blog)
14

Oct

2019

Automatic Fare Collection Opportunities in Vietnam

Viet Nam News HCM CITY — A pilot project that uses cashless payments on public buses kicked off yesterday in HCM City.    (March 2019…

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Technical
14

Oct

2019

Issues of hand-free facial recognition in Automatic Fare Collection system

Contact-less Smart card has been used for the automatic fare collection system (AFC) for more than 30 years, and the industry is driven for innovation…

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Fare Collection in Different Cities (Blog)
09

Oct

2019

6 best Affiliate Programs for Africa

A majority of bloggers with huge audiences in Africa are still monetizing their sites in the traditional way via sponsored ads or Google Adsense. While…

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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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