What is Account Based Ticketing And What Are The Benefits?

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The account-based ticketing system lets passengers travel without buying a ticket by tapping or scanning a token linked to their account. Passengers are assessed fares based on the number of taps they perform and where they are located after they have gone through the system. This indicates that passengers can take advantage of the best fare policies without purchasing a ticket.

Accounts do not automatically make a system account-based, and if you have to purchase a ticket in advance, you can pretty much guarantee it isn’t. You can find out more about account-based ticketing and its benefits by reading on.

What is account based ticketing?

Public transportation can now be used “ticketless” thanks to Account-Based Ticketing. Travellers can book trips by scanning or tapping a secure token that is linked to their account in the back office. The fare is automatically calculated after the trip based on several factors, including the location and number of taps within a specified timeframe.

It eliminates the need for riders to purchase tickets in advance or become familiar with fares by using account-based ticketing. As the passenger travels, account-based ticketing distributes the fare that the consumer could have pre-purchased, thereby capping their cost instead of just charging them per trip. It makes public transportation more appealing by enabling more flexible travel habits and ensuring that users won’t be overcharged for their trips.

The benefits of account based ticketing

Riders can now purchase tickets with the most ease and convenience thanks to account-based fare collection systems. When using an account-based ticket, a passenger can travel on public transportation without worrying about the cost of their trip or needing to buy a ticket. The following are some of the benefits of account-based ticketing:

  • A better riding experience for riders

When you have an account, you do not need to buy a ticket. Use a mobile barcode to simply tap, scan, or use a different token such a smartcard, contactless credit/debit card, or virtual EMV token.

  • The ability to use multiple tokens

Whether it is a barcode generated by their phone, a c-EMV, a smartcard, or a virtual EMV token, passengers can use the token that best suits their requirements or preferences.

  • The best fare possible

A ticket based on the account allows passengers to tap and ride. A rider’s taps are used to calculate the charge, so agencies can then apply restrictions that ensure passengers receive the best pricing.

  • Fare model optionality and flexible transfers

Account based ticketing makes it possible to quickly implement new fares and transfer policies for various forms of public transportation, such as reduced fares when switching from the subway to a bus.

  • Concession enablement

Through a central back office, concessions can be enabled, allowing or restricting access to entitlements on an account-by-account basis.

  • Easy to maintain – fare engine in the back office not on the reader

Fare calculations are performed by the back office instead of the validation unit. The system is simpler to maintain since there is only one back office rather than a network of locally hosted devices.

  • Providing easy access

There is no fare computation mechanism in the hardware because everything is managed and calculated in the back-office. This indicates that a platform-based system is far more easily able to keep up with the advancement of technology and that the system can be swiftly updated from a central location with things like new prices.

To Conclude,

Account based ticketing helps transportation companies stay up with the pace of technological progress and lowers the overall cost of fare collecting, allowing more money to be invested in providing transportation services while also enhancing the travel experience for customers.

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