Contactless Smart Cards, RFID, Payment, Transit and Security

New chip may slash contactless transit ticket prices

Sunday, January 29, 2006

A company that once used its RFID technology to make Star Wars-licensed toys talk, is now going after a market it believes looms larger than Darth Vadar … Disposable smart tickets for public transportation.

“I have done a lot of evangelizing” about low-cost smart tickets, admitted Trevor Crotch-Harvey, senior vice president for United Kingdom-based Innovision Research and Technology, developer of a chip tailor-made for such tickets.

There are 1099 words in the rest of this article …

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New Jersey Transit’s use of NFC payments with Google Wallet has been an “overwhelming and resounding success,” according to NJ Transit spokesman John Durson.

Introduced on the NJ Transit network in October 2011, Google Wallet enables riders to purchase tickets with the tap of an NFC-enabled phone at New York Penn Station, Newark Liberty Airport’s rail station and on 7 city bus lines.

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The Department of Transportation and Communications (Philippines) announced a proposed project to install a contactless ticketing system for Metro Rail Transit (MRT), according to Manila Bulletin Publishing Corporation.

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In ABI Research’s newest market study analysis, NXP Semiconductors has reportedly claimed the top spot in the contactless ticketing market with 74% of the market share.

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Cubic Transportation Systems has introduced Nextaccount, an account-based open payment platform that offers travelers the convenience to use contactless bank cards, student IDs and mobile phones as their smart ticket, in addition to transit issued smart cards.

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Cubic Transportation Systems announced that Rhein-Main-Verkehrsverbund GmbH (RMV), one of Europe’s largest transport associations, has sold more than one million mobile phone transit tickets with Cubic’s smart phone app and mobile ticketing solution.

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Arcontia Technology AB, a Swedish producer of contactless smart card readers and terminals, has won a contract for devices to be used by Norwegian public transport authority Ruter AS.

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