Cardtek is now able to offer solutions to transform the transportation industry in U.S. cities. Smart transportation solutions not only provide dynamic cost measurement, faster integration with banking systems and significantly improve fare collection on behalf of carriers, but also eliminate ticket purchasing lines and reduce the costs for ticketing appliances, offering a beneficial solution for city officials.
The United Nations estimated that by 2050, 66 percent of the world population will live in urban areas. In noting the rising trend of smart transportation worldwide, Erdal Yazmacı, chief channel officer of Cardtek says, “The demand for smart transportation is so high that 10 different states in the U.S. are now expected to hold bids this year” and adds, “In the very near future, we will be able to implement easier, safer, and more efficient methods for city life.”