| Subject: San Francisco--seperate file. |
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Visa Cash Solution for Public Transportation Bill Powell San Francisco CA USALast modified: 01/24/2001 06:07:41 PM
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Date Posted: Saturday, April 05, 01:49:34am
Visa Cash Solution for Public Transportation Bill Powell San Francisco CA USA
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Visa's electronic purse product, Visa Cash, was introduced in April 1995. Since that time, the product, targeted to replace currency and coins for transactions of US$10 or less, has been implemented in 19 countries throughout the world. There are now over eight million cards in circulation.
Visa has formed relationships with technology partners around the globe to pursue the transport market. Along with its financial institution members, Visa's objective is to make Visa Cash the preferred open electronic purse scheme for automatic fare collection among transport agencies everywhere.
SIMPLIFIES FARE PAYMENT. The Visa Cash transport solution is a major milestone in the development of chip technology. It will allow consumers to ride trains, buses and ferries in the same or different transport systems, make telephone calls and buy coffee with the same card. It also accommodates various public transit fare payment options (pass, stored rides, fare by distance, intersystem transfer discounts, etc.). Consumers will no longer need a pocket full of cards or coins to perform these diverse transactions.
THE TECHNOLOGY. The product itself is relatively simple. The transport application and the Visa Cash electronic purse co-reside on the same chip card - called a combi-card. The transport application employs close proximity contactless technology and the Visa Cash application is contact-based, but includes a contactless interface. While passes, concession fare and fare by distance information is stored in the transport application, when there is a need for a rider to pay cash, the fare is deducted via the Visa Cash electronic purse.
MULTIPLE BENEFITS. This Visa Cash transport solution will enhance operating efficiency, increase security, reduce fraud, provide better ridership information and allow more pricing flexibility for transport agencies employing the technology. The Visa Cash transport approach represents a significant technology leap, and will play a large part in the future of automatic fare collection worldwide.
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Bill Powell
Bill Powell is Vice President of Emerging Products with Visa International, responsible for chip-based Value-Added Services. He has 18 years banking experience as a branch manager, corporate loans officer, loans operations manager, HR director, retail banking manager and retail products manager.
Visa International
PO Box 8999
San Francisco CA USA 94128
Phone: 650-432-7756 Fax: 650-432-8237 Other Phone:
mailto:bipowell@visa.com
Phone: Fax: Other Phone:
Last modified: 01/24/2001 06:07:41 PM
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| Re: San Francisco--seperate file.Page 50 shareholders booklet 6.5 financial performance and outlook. (NT) | ERG expects the commencement of the San Francisco Phase2 project shortly after finalisation of contracts. | Monday, April 07, 05:17:33am |
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| MTC, responsible for planning, financing and coordinating transportation programs in the Bay Area, estimated that installing TransLink equipment on every bus, subway car, ferry and train in the region will cost about $50 million. | December 2nd 2002-operation costs, estimated at $10 million annually, | Monday, April 07, 05:23:13am |
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| be a time frame in much the same way as Sydney ie full implementation is 2006,18/11/2002 -- Cubics business modelFits in well with ERG's focus on clearing and settlementThe idea is to make San Francisco the hub for clearing and settlement-- Washington is settled through San FranSeattle 26/2/03ERG will use its San Francisco smart card Service Bureauto provide all of the required services -- card issuance,management,maintenance,clearing,settling transactions | The Venus contactless interfacecompliant ISO 7816EMV compatibleSan Francisco, Rome and Manchester | Monday, April 07, 05:28:27am |
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| From the January 24, 2003The TransLink system functions, the Metropolitan Transportation Commission has determined after a six-month test run that concluded Jan. 15.2003The 26 Bay Area transit districts that funded the test are to decide by March if and how they will become involved in a fully operational TransLink system | Similar systems San Fran Rome were being expanded parking meters,PFog said. 20/2/03 | Monday, April 07, 05:34:01am |
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| I noticed a press release from Cubic which said that the rollout of San Fransisco hardware will be completed by early 2003. ERG will start earning big dollars once this has been completed as they act as the smart card issuer and clearing house for the settlement of transactions | http://www.voy.com/100711/2/1212.html | Monday, April 07, 05:36:46am |
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| MULTI-APPLICATION REVENUE MANAGEMENT SOLUTIONThe Company has developed a central computer processingsystem that is capable of managing a smart card database,financial reconciliation and management data for both transit and other card applications. | ERG's multi-application smart card solution is being used in Hong Kong and Rome and will be used in San Francisco and Singapore | Wednesday, April 16, 06:14:48am |
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| Senate Bill 916authored by Senate Majority Leader Don Perata, D-Oakland,likely will go before voters in Alameda, Contra Costa, San Mateo, Marin, San Francisco, Santa Clara and Solano counties in March. | The Senate Transportation Committee approved the bill by Senate Majority Leader Don Perata, D-Oakland, on a 7-2 vote30/4/03 | Friday, May 02, 03:52:39am |
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| A universal fare card for the Bay area Potentially the TransLink® program can connect 21 different transit agencies. | By Emily PattersonMay 2002 | Friday, May 02, 05:55:03am |
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| S Duffy San Fran phone 15/5/03. | he states--what Cubic have done is filed a motion concerning misuse of taxpayers funds | Thursday, May 15, 06:53:35am |
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| Re: San Francisco--seperate file. | Approved:Date: May 14, 2003 | Monday, May 19, 04:46:26am |
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| service to San Francisco International Airport will begin June 22. | BART Approves 10 Percent Fare Increase for Next YearJan. 1--04 | Tuesday, May 27, 07:36:20am |
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| Lawmakers make push for transit billCALIFORNIA STANDS TO GET $25 BILLION OVER SIX YEARS | No name | Thursday, May 29, 06:11:51am |
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| scheduled for the commission meeting on June 25th. | http://clearstation.etrade.com/cgi-bin/bbs?post_id=4466661 | Thursday, June 05, 09:20:13am |
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| San Diego-based Cubic Transportation SystemsTwo More LA Bus Operators Sign Up For Smart Cards | ( 2003-06-06 )two more Los Angeles-area bus operators | Sunday, June 08, 02:38:56pm |
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| BA transportation | http://groups.google.com/groups?q=smartcard+group:ba.transportation&hl=en&lr=&ie=UTF-8&group=ba.transportation&sa=G&scoring=d | Thursday, June 12, 03:42:48am |
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| Re: San Francisco--seperate file. | BART extension to airport opne Sunday 29th of June U.S. time | Tuesday, June 17, 07:35:41am |
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| JFK Airport Access Light Rail To Offer “MetroCard" Compatibility | San Diego, Calif., Monday, October 9, 2000 -- New York’s JFK International “Air Train,” | Saturday, July 05, 11:12:45pm |
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| Deal to keep Caltrans bulldozers running tune of $482 million | Michael Cabanatuan, Chronicle Staff Writer Saturday, July 19, 2003 | Saturday, July 19, 02:30:47pm |
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| S.F. MUNI, BART stall TransLinkFlemer said she hopes to resolve the disputes in two to four weeks and to issue the work order by the end of August. | The agency has said it would pay 80 percent of the $14.5 million cost if BART agrees to retrofit its new faregates to accommodate TransLink. | Thursday, July 24, 02:35:01pm |
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