Overview

Automated Fare Collection (AFC) is a smart payment system for public transport intended to reduce costs, improve efficiency and encourage travel. UL helps ensure easier, more successful deployment and management of interoperable systems for AFC. UL is providing thought leadership on cloud-based ticketing, account-based ticketing in card-centric systems, future-proofed acceptance infrastructures, mobile traveling solutions and integrated payment and identification schemes.

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These are essential to public safety and confidence, reducing costs, improving quality, and marketing products and services. Millions of products and their components are tested to UL's rigorous safety standards with the result that consumers live in a safer environment than they would otherwise.

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SOURCES

1.

"Ticketing as a Service: The Future of Transport Ticketing," Accenture, 2013. Web: 9 May 2014.
http://www.accenture.com/us-en/Pages/service-ticketing-as-a-service-future-transport-ticketing.aspx

2.

"Future of Public Transport," Accenture, 2013. Web: 9 May 2014.
http://www.accenture.com/SiteCollectionDocuments/PDF/Accenture-Public-Transport-Tall4-v2.pdf

3.

"Global Smart Cards Market in the Transportation Sector 2012-2016," redOrbit, 31 Dec. 2013. Web: 8 May 2014.
http://www.redorbit.com/news/business/1113037001/global-smart-cards-market-in-the-transportation-sector-20122016/#R3fEhV5ubvexUYof.99

4.

Greene, A., "Approaching 400 Million Smart Cards Used in Transportation, but Is NFC the Threat on the Horizon?," Plant Engineering, 16 March, 2012. Web: 8 May 2014.
http://www.plantengineering.com/single-article/approaching-400-million-smart-cards-used-in-transportation-but-is-nfc-the-threat-on-the-horizon/c180bda3ce709eadccb5508b2b65487e.html