Title will go here. Increased revenues and reduced expenses.
Smart cards can help transit authorities increase transit revenues in a variety of ways.
Being virtually impossible to counterfeit, they dramatically reduce most forms of fare evasion. Smart cards can be part of creative promotions and co-marketing strategies to increase total ridership. Smart cards enable transit operators to reduce operating costs tied to the handling and potential loss of cash, as well as many maintenance and staffing costs for fare collection systems. Hong Kong's Smart Card System. Beginning revenue service in September 1997, the system now handles over four million smart card transactions daily with almost five million smart cards in circulation.