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Pages 67-68

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From page 67...
... 67 Glossary Account-based System This is a system for transit fare payment in which the fare medium associates the transit rider with information held in an account. Fare value is not carried on the fare medium, which is typical of card-based systems, but rather, it is saved in a separate account.
From page 68...
... 68 Business Models for Mobile Fare Apps Mobile Fare Payment Application (App) A software application on a smartphone or other small electronic device that allows transit riders to pay for and access public transit services.

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