This website uses cookies

This website uses cookies to ensure the functionality of the website. In addition, with your consent, we can use cookies to collect information on the use of the website in order to constantly improve the website. By clicking on the “Only allow essential cookies” button, you reject the use of cookies other than essential cookies. By ticking the “Statistics” and “Marketing” boxes and clicking the “Allow selection” button, you consent to the use of other cookies. All essential, marketing and statistics cookies are accepted via the “Accept all cookies” button. You can obtain differentiated information on the individual cookies in the data protection information. You can revoke your consent at any time by clicking on the “Cookie settings” button at the bottom left.




Essential cookies enable basic functions and are necessary for the website to function properly.
Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
Marketing cookies are used by third parties or publishers to display personalized advertisements. They do this by tracking visitors across websites.



Let’s talk about Open Payment: Fare Capping

|   Fare-Collection-Systems

Day, weekly and monthly passes are great for frequent passengers, saving them money as they ride. This episode of our “Let’s talk about open payment” series will have a look how passengers can benefit from such discounts, without having to pre-buy when they travel via an open payment system.

Passenger behavior is changing and less predictable. Not everyone knows in advance how often they will travel and if several single rides, a day pass, weekly or monthly pass might be the best option.

Including fare capping in the open payment system solves this challenge. Fare capping ensures that passengers always pay the best fares based on how often they ride. Let’s imagine a passenger making several journeys in one day. For each journey, the system automatically calculates the fare due. As soon as the equivalent of, for example, a day pass is reached, all further journeys are no longer charged – the fare is capped at the equivalent of that pass, as defined by the fare-capping rules. Different periods can be considered for fare capping, for example days, weeks, months and individual periods.

Want to find out more about the open payment system that makes fare capping possible?
Here you can read more about Account based ticketing.

 

How does it work?


Related articles

Open Payment Serie

#6 A worldwide standard

Open Payment Serie

#6 A worldwide standard

In this episode of our “Let’s talk about Open Payment” series, we will explore the idea of a globally standardised travel experience.

Read more
Open Payment Series

#4 Pay as you go

Open Payment Series

#4 Pay as you go

In this episode of our ‘Let’s talk about open payment’ series, we will shed light on why the option to pay as you go is so appealing to customers.

Read more
Open payment Series

#3 How to speak open payment

Open payment Series

#3 How to speak open payment

This episode of our ‘Let’s talk about open payment’ series will break down some essential terminology and have you speaking open payment like a pro in no time.

Read more
Open payment Series

#2 How to get started

Open payment Series

#2 How to get started

In this episode of ‘Let’s talk about open payment’, we explain the basic system elemnts of an open payment system. 

Read more

Contact us

Fields marked with * are required