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The e-payment system will enable commuters to use a single pre-paid smart card for travel on all buses, trains, trams and coaches in the city. The next generation automatic fare collection solution has the capacity to process up to 2 million transactions a day and can be extended to include other value added services such as Internet top-ups and micro-retail payments.
The new system is part of Ireland's "Transport 21" project, the largest investment ever in the country's transport system. Ireland plans to invest a total of 34 billion euro until the year 2015, to deliver transport to its citizens.
The ITS system eliminates the need to carry cash to pay for tickets, ensures fast, secure and convenient transactions and the smart card is simply "re-charged" as needed. It also makes for seamless travel and transfers across different operators and modes of transport and enables flexible fares and ticket products. The integrated IBM back-office system will provide ticket and smart card management, central reconciliation and settlement services to all public transport providers.
David O'Callaghan, Chairman of the Integrated Ticketing Project Board, which is tasked with overseeing the project, welcomed this development.
"We are delighted to be able to link up with such a significant scheme as Singapore and to have a world leader like IBM overseeing the development," said O'Callaghan.
"With this project we are helping the Irish authorities to maximize the utilization of existing public transport assets across all modes of transport, while helping to ease the commute for consumers," said Dermot Walsh, Partner, Global Business Services, IBM Ireland. "IBM's intelligent transportation solutions are already helping many other cities and transport authorities worldwide to begin addressing the issues of keeping cities sustainable."
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