Industry WIKI
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Automated fare collection
An automated fare collection (AFC) system is the collection of components that automate the ticketing system of a public transportation network – an automated version of manual fare collection. An AFC system is usually the basis for integrated ticketing.
Trading basicsExit fare
An exit fare is a method of collecting ridership fees, or fares, from a transportation system, where the fee (or part of the fee) is collected from passengers upon reaching their destination.
Trading basicsVix Technology
Vix Technology (Vix) is an Australian company that designs, supplies and operates automated fare collection (AFC) systems, intelligent transportation systems (ITS), access, payment and passenger information display systems (PIDS) for the public transit industry.