Automated fare collection system is a contactless, end-to-end result for collecting fare payment, replacing traditional ticketing system with automated ticketing and fare collection systems. It comprises automatic gate machines, ticket vending machines, recharging terminals, and ticket checking machines. This system enables efficiency in fare collection, improves the overall transaction rate, and saves extensive amount of time, thereby minimizing waiting time in queues and searching for cash to buy tickets. In addition, it is the easiest method for revenue collection. It offers travelers to carry one card for use on all transit modes. For instance, in December 2015, UAE with Xerox Transportation solutions introduced automated fare collection system for Abu Dhabi buses, which reduced traffic congestion and waiting in queues.
1.1 Company Overview
1.2 Company Snapshot
1.3 Operating Business Segment
1.4 Business Performance
1.5 Key Strategic moves and Development
TABLE 1. SNAPSHOT OF ADVANCED CARD SYSTEMS LTD.
FIG. 1. REVENUE OF ADVANCED CARD SYSTEMS LTD., 2012 2014 ($MILLION)
FIG. 2. REVENUE OF ADVANCED CARD SYSTEMS LTD., BY GEOGRAPHY (%), 2014
FIG. 3. REVENUE OF ADVANCED CARD SYSTEMS LTD., BY BUSINESS SEGMENT (%), 2014
FIG. 4. SWOT ANALYSIS OF ADVANCED CARD SYSTEMS LTD.
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