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SMARTRAC joins OSPT Alliance to promote vendor-neutral fare collection

21 February, 2012

By: Ross Mathis

category: Contactless, NFC, Transit

0

The Open Standard for Public Transport (OSPT) Alliance announced that SMARTRAC has joined the OSPT Alliance as a full member.

As the newest member, SMARTRAC will participate in the Alliance’s activities around the development of next-generation transit fare collection systems based on the CIPURSE open security standard. The CIPURSE open security standard addresses the need by transit authorities for future-proof fare collection systems with more advanced security than currently in use.

An open standard, CIPURSE promotes vendor neutrality, cross-vendor system interoperability, lower technology adoption risks, higher quality and improved market responsiveness, all of which result in lower operating costs and greater flexibility for transport system operators.

CIPURSE also offers a global basis for a faster transition of transit fare systems to the use of emerging NFC mobile phones and other devices, and support for the adoption of NFC transit applications for a truly future-proof solution.


Tags: Contactless Payments, NFC, Payments, Transit

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