Industry WIKI
Digital assets and currencies
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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.
BankingBank Indonesia Museum
Bank Indonesia Museum (Indonesian: Museum Bank Indonesia, occasionally called Museum BI), also called in English officially as BI Museum, is a bank museum located in Jakarta, Indonesia. It was founded by Bank Indonesia and opened on 21 July 2009. The museum is housed in a heritage building in Jakarta Old Town that had been the first headquarters of the Netherlands Indies gulden (De Javas
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 basicsFare capping
Fare capping is a feature of public transport fare collection systems, which allows passengers to earn an unlimited-ride pass by paying single-ride fares. Typically, passengers pay a single-ride fare each time they use public transport, using a smart card or, in some cases, their own credit or debit card. An automated fare collection system tracks the payments, and awards the passenger a
Payments & settlementManual fare collection
Manual fare collection is the practice of collecting fares manually (without the aid of an automated machine). "Fare collection" generally refers to the collection of fares in the transport industry in return for a ticket or passes to travel. Commonly used on buses and train transport systems (in the UK; in Poland, for example, buying and validating the tickets by machine is the passenge
Payments & settlementPayment system
A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. A payment system is an operational network which links bank accounts and provides for monetary exchange using bank dep
Payments & settlementRioCard
The RioCard (Bilhete Único) is a smartcard system used in the transport system of Rio de Janeiro state, Brazil. The card is contactless and uses MIFARE technology. It is a form of electronic payment produced and distributed by the Fetranspor company, in cooperation with Itaú bank. Its installation was seen as strengthening Brazil's connection with the Open Standard for Public Transport
Trading basicsTouch 'n Go
Touch 'n Go is a contactless smart card system used for electronic payments in Malaysia. The system was introduced in 1997 and is widely used for toll payments on highways, public transportation, parking, and other services. The card is equipped with a radio-frequency identification (RFID) chip that allows users to make payments by simply tapping the card on a reader device. Touch 'n Go
Trading basicsTrain ticket
A train ticket is a transit pass ticket issued by a railway operator that enables the bearer to travel on the operator's network or a partner's network. Tickets can authorize the bearer to travel a set itinerary at a specific time (common for long-distance railroads), a set itinerary at any time (common for commuter railroads), a set itinerary at multiple times, or an arbitrary itinera
Trading basicsTrondheim toll scheme
Trondheim Toll Scheme or Trondheim Package (Norwegian: Trondheimspakken) was the result of that in the 1980s politicians and road authorities in Trondheim Municipality, Norway wanted to accelerate the investments in roads and motorways around the city through an investment package and toll scheme to ease construction and generate more funds. Between 1991 and 2005, there were more than 24
Trading basicsVem
The VEM (Acronym of Vale eletrônico Metropolitano, Electronic Metropolitan Ticket) is a Smart card system used in bus, train and metro of the metropolitan area of Recife, Brazil.