Accenture has released the next generation of its Accenture Fare Management Solution (AFMS), which is implemented on the Microsoft Azure cloud and expands its offering for transit fare collection to an as-a-service model for both large and mid-size transit agencies. It can be integrated into an existing technology infrastructure without requiring additional hardware.
The upgraded cloud solution also allows both large and mid-size transit agencies to accept a broad range of payment media, including contactless bank cards, smartcards, smartphone payment applications such as Apple Pay and Google Wallet, and even non-financial contactless media such as building access or government-issued ID cards. This is enabled by the open architecture and interoperability capabilities of AFMS. Transit agencies can benefit from an as-a-service model, with usage scaling up and down to meet customer demand, helping to lower the total cost of ownership.
“These upgrades to the Accenture Fare Management Solution enable a new generation of digital payment capabilities to help large and mid-size transit agencies provide a wide range of payment options to consumers, while keeping total cost of ownership down,” said Alden Cuddihey, global lead for Accenture Transit and Tolling Services. “This cloud-based, as-a-service model is flexible and can be scaled to integrate current payment options such as Apple Pay and Google Wallet. The open architecture also helps to provide flexibility to integrate future payment technologies. This offers more efficiency and convenience for travelers as well as cost-efficient processes for transit agencies.”
