OC Transpo, in Ontario, Canada, may allow its users to share its transit smartcards with others when the new payment plan comes into effect next year, according to CFRA News Talk Radio.
The new payment plan allows users to choose between different numbers of fares, categorizing users into sections depending on their allocated spending. The Transit Commission is recommending that the city allow users within the same division to share their plastic cards with one another, the news source reported.
Since the new card will not have a photo ID, the commission does not see a problem with allowing individuals who pay the same amount share their cards. Although the transferable cards may decrease revenue for the transportation company, it expects more individuals will use the cards because of the affordability and convenience they provide, according to CFRA.
According to a market research report by Markets and Markets, the total global smartcard market is expected to exceed $6 billion by 2015. The transportation industry may be one of the more popular sectors using smartcards because of the affordability and convenience they grant.
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Tags: Transportation ID News