Multipurpose Fare Media: Developments and Issues
Transit Cooperative Research Program Sponsored by the Federal Transit Administration RESEARCH RESULTS DIGEST June 1997--Number 16 Subject Area: VI Public Transit Responsible Senior Program Officer: Stephen J Andrle Multipurpose Fare Media: Developments and Issues This TCRP digest presents the interim findings of TCRP Project A-14, "Potential of Multipurpose Fare Media," conducted by Multisystems, Inc., in collaboration with Dove Associates, Inc., and Mundle & Associates, Inc. Included in the digest are (1) a summary of the emerging developments, (2)a discussion of key issues and concerns, and (3) a technicalappendix presenting the results of a survey of transit operators fare collection practices and plans. CHAPTER 1--INTRODUCTION These may overlap, and in particular, the latter two approaches are often pursued together. This digest contains examples of multipurpose TCRP Project A-14, Potential of Multipurpose transit fare payment programs and discusses Fare Media, is intended to identify issues and institutional, technological, and financial issues that concerns on the part of transit agencies and financial must be addressed to implement such programs. This institutions, assess customer and financial will be of interest to transit managers, transit implications associated with various approaches, planners, transit financial officers, and other financial monitor emerging developments, and assess the professionals. The desire on the part of both transit potential of increasing the role of the banking agencies and financial institutions to reduce the use industry in transit fare payment and collection. This of cash for payments and improve customer research is intended to provide both transit and convenience has dovetailed with advancements in the financial services professionals (1) an understanding payment technology area to facilitate various types of of the nature of the costs and potential benefits of "multipurpose" media.
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