The Open Standard for Public Transport (OSPT) Alliance, an international association chartered to define a new open standard for secure transit fare collection solutions, has announced the admission of Samsung Electronics as a full member.
As part of the OSPT Alliance, Samsung will pursue the development of commercialized semiconductor products for building next-generation transit fare collection systems based on the CIPURSE open security standard.
According to the Alliance, the CIPURSE open standard is designed to promote vendor neutrality, cross-vendor system interoperability, lower technology adoption risks, higher quality and improved market responsiveness - all of which result in lower operating costs and greater flexibility for transport system operators.
CIPURSE also offers a global basis for a faster transition of transit fare systems to the use of NFC mobile phones and other devices, and support for the adoption of NFC transit applications. ![[end]](/resources/bullet/contactlessnews-4.gif)
