NFC based payment

Business Scenario

The client manages one of the largest commercial brands in Germany. They provide wallets to the brands enabling mobile financial services to their customers.

Challenges

  • Efficient management of public transport considering the latest ticket purchase trends with increased uptake of electronic tickets.
  • Client wanted to leverage NFC technology in developing a mobile ticketing solution for public transport.

Solution Highlights

  • Service registration for new users with secured login mechanism for existing members to manage account details and view ticket purchase history
  • Intelligent fare price calculation algorithm to calculate precise journey fare based on boarding and de-boarding stations
  • NFC tag based auto check-in and check-out
  • Provision to top-up account with credit card
  • QR-code based ticket generation
  • Integrated back-office component to manage customer accounts with provision to define stations & tier-ticket pricing, and to generate MIS reports

Benefits

  • Flexibility to customize journey
  • Allow only the purchasing of services that passenger value most
  • Easy and convenient contactless ticketing and payment solution
  • Hassle-free mobile tickets with no more pieces of paper to lose