Allowing passengers to pay for travels conveniently, with no need to buy a paper ticket. Increase in ticket sales volume. Introduction of the elastic tariff in the “open – loop” model. Optimization of costs of travel by various means of public transport, introducing bus stop tariff. Providing tools and processes that allow managing Merchant’s risk related to deferred payment.
Using a contactless payment card as a public transport ticket, which is controlled by a payment app on the terminal. Card touchdowns are aggregated in the system and settled as a part of deferred payment after tariff optimization. Management of Merchant’s risk is done e.g. by debt recovery and maintenance of restricted cards list. The operation of the system is regulated by the requirements of payment organizations (Visa and Mastercard) while security of card data processing is ensured by compatibility with PCI DSS requirements.