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How Closed-Loop Payments Enhance Automated Fare Collection

For decades, traditional payment methodsu2014such as cash transactions and open-loop systemsu2014have dominated public transit. However, these systems often fall short in terms of efficiency, cost-effectiveness, and inclusivity.<br>This is where closed-loop payment systems come into play, offering a streamlined, secure, and cost-efficient alternative within automated fare collection (AFC) frameworks.<br>But how exactly do closed-loop payments enhance AFC? Thatu2019s what this blog will exploreu2014unpacking how they transform fare collection by delivering superior efficiency, accessibility, and operational control.

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How Closed-Loop Payments Enhance Automated Fare Collection

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