Since its debut in April 2010, the smartcard initiative has saved the company more than $35 million, according to the Evening Times.
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Several of the products offer multiple forms of identification verification, including biometric and alternative authentication methods.
The Liverpool smartcard transit system will be modeled on London’s Oyster Card in an attempt to revive struggling ridership numbers with new technology.
Although there have been several applications for the technology in medical and law enforcement sectors, consumer payments are expected to be a primary driver of mobile biometric growth.
The transportation department of Edmonton, Alberta, Canada recently announced the introduction of a prototype smartcard based on designs from the Toronto Transit Commission.
Australia’s Transport Ticketing Authority has revealed that passengers may soon be able to pay for short taxi rides using smartcards.
Just days after the initial launch of smartcard payment capabilities for bus services, satisfied customers are asking for the program to be extending to additional routes.
An increasing number of businesses have been securing their offices and data through the implementation of fingerprint scanning and retinal identification software.
Residents of Cambridgeshire County, England, will soon be able to pay for local bus fares using smartcards.
Students of England’s Brighton Aldridge Community Academy will now be identified using biometric fingerprint scans to facilitate meal payments and library checkout procedures.