Systems payment management
Systems payment management
Description / objective
This function covers the management of fares collection equipment and related electronic security systems, the collection of monies from fares sales and subsidy sources, and the management of revenue sharing or the payment of production contracts according to the form of service contract in place. It is covered in more detail in the Fare Collection Systems Toolkit.
ITS applications
These activities may be enhanced in terms of their accuracy and security through ITS electronic fare collection applications.
Advantages and cautions
Accuracy and security are paramount in systems payment management, and this is an additional factor to be taken into account in an e-ticketing system investment justification.