About Smart Cards : Applications : Transportation
Smart cards are used worldwide in transportation applications, with millions of smart cards in use for both transit fare payment and parking fee payment.
Smart Cards and Transit
Mass transit agencies worldwide have been using stored value prepaid cards for electronic ticketing since the 1970s. Through the late 1990s, this market steadily began transitioning from magnetic stripe technology to contactless smart cards. Today, virtually all transit fare payment systems use contactless smart cards as the primary ticket medium. Major deployments are already operational in cities around the world, including Hong Kong, Seoul, Pusan, Washington, D.C., and Shanghai.
Transit agencies have made significant investments in contactless smart card-based automatic fare collection (AFC) systems. Most of these systems use agency-branded contactless smart cards as the primary fare medium. In addition to these transit-specific fare payment systems, transit agencies are moving to open bank card payments for fare payment at the point of entry to subways, trains and buses.
Smart Cards and Parking
The use of contact smart card technology is well established in the parking market, with parking equipment vendors providing solutions for all segments: single-space meters, multi-space meters, and off-street parking.
In addition to contact smart card-based programs, transit agencies using contactless smart cards for fare payment are expanding the use of the card to pay for parking.