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Pages 48-50

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From page 48...
... 48 Glossary Term Definition Account-based system A fare system in which customers register their personal information, preferences, fare media, and other information to track their usage, apply for benefits, load or replenish fare value, or employ other functions supported by a centralized account. Fare processing is typically performed in the system's back office to ensure that the customer's personal information is secure and to apply appropriate fares to their trips.
From page 49...
... Glossary 49 Term Definition Magnetic stripe card A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. The magnetic stripe, sometimes called swipe card or magstripe, is read by swiping past a magnetic reading head.
From page 50...
... 50 Multimodal Fare Payment Integration Term Definition Standards-based system or design A transit fare payment system in which the design and technology follow public, nonproprietary standards and specifications established for the financial payments industry. Well-managed standards-based systems tend to have a high level of interoperability and have been independently tested to confirm compliance.

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