Global Transit Cards Market Is Anticipated To Witness High Growth Due To Growing Adoption Of Multi-Application Transit Cards
Transit Cards Market Transit Cards are a great way to save money on commuting costs. They are available for purchase at a variety of locations including ticket windows, ticket vending machines (TVMs), online, or through a phone call. Some commuter benefit plans also offer a prepaid card, which can be used to pay for eligible transit purchases. A commuter benefit card is a prepaid card that participants use to access their commuter benefit plan funds at the point-of-sale for eligible workplace mass transit and parking expenses. These cards are usually an eTRAC(r) Prepaid Mastercard or Beniversal(r) Prepaid Mastercard depending on the program set up with your employer. Many transit agencies have begun using automated fare collection systems to collect fares from passengers. These systems often provide detailed data that can be used to improve the performance of the transit network. These include schedule adherence, vehicle-kilometers, and person-kilometers for individual runs, ro...