Fare cards reduce fraud, build efficiencies

Fare cards reduce fraud, build efficiencies
Tags: Card Readers, Coupon dispensers, Hardware Systems, Kiosks & mini kiosks, Security
July 12, 2005

ePaynews.com: Over 200 mass-transit systems in the

United States

are using electronic fare cards to reduce fraud and optimize efficiencies, according to the American Public Transportation Association. Chicago 's Transit Authority (CTA) is using ATM-style dispensers to issue stored-value cards with integrated payment applications for CTA transit, CTA and PACE buses, metro trains and local retailers. CTA expects to save millions in its shift to cashless payments and is already offering a chip-based Chicago Card, to which value can be added at CTA transit card vending machines.