Automated Fare Collection Market Report 2021-26: Industry Trends, Share, Size, Trends, Forecast
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Automated Fare Collection Market Report 2021, Industry Overview, Growth Rate and Forecast 2026
Automated Fare Collection Market Analysis By Top Key Players - Advanced Card Systems Limited (HNA Technology Investments Holdings) Atos SE Cubic Corporation Indra Sistemas SA Nippon Signal Co. Ltd. NXP Semiconductors N.V. 8 “Automated Fare Collection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the
The automatic fare collection (AFC) refers to a ticketing system used in public transport and enables the payment for a fare through vending machines and online services. It consists of depot/station computers, central clearing house, fare media, back-office systems, and devices to read/write media. AFC systems conduct reliable, integrated and accurate fare collection to maintain a smooth passenger flow at peak hours. They offer various benefits, including reduced fraud chances, decreased cash payments, low investment costs, and a seamless