Finextra

5 Key Features to Look for in a Closed-Loop Automatic Fare Collection System

Riders don’t care what kind of system you use. They care that it works and provides what they expect. They expect real-time updates, simple account management, and zero surprises. And public transit ...
Finextra

Why Public Transit Needs Closed-Loop Payment Solutions for Better Fare Management

As a transit operator, it must be challenging for you to manage fare collection efficiently. The ongoing struggle with revenue leakage, high operational costs, and passenger dissatisfaction due to ...
WFMZ-TV

LANTA to introduce new fare collection system

ALLENTOWN, Pa. -- Lehigh and Northampton Transportation Authority (LANTA) has announced that next Spring it will take another major step in fulfilling its Moving LANTA Forward long-range plan. LANTA ...
Business Wire

Beloit Transit System (Beloit, WI) Goes With a New Automated Fare Collection System From LECIP Inc.

BENSENVILLE, Ill.--(BUSINESS WIRE)--LECIP Inc., LECIP Holdings Corporation(TOKYO:7213)'s consolidated subsidiary, has installed its new Automated Fare Collection (AFC) systems, including LF-7000, to ...
Business Wire

LECIP INC. Secures Contract With Spokane Transit Authority to Provide Cutting-edge Farebox Solution

BENSENVILLE, Ill.--(BUSINESS WIRE)--LECIP INC., a consolidated subsidiary of LECIP Holding Corporation (TOKYO:7213), is pleased to announce a contract award with Spokane Transit Authority (STA) for ...