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Category Archives: Transit Fare Collection

Highway Volumes Increase Demand for Automated Transit Fare Collection

Agencies that Adopt Automated Transit Fare Collection can See Increase in Total Revenue

Transit Fare CollectionBy MJM LeadershipFebruary 17, 2017

Transport agencies that had the foresight to switch to automated transit fare collection are expected to enjoy more financial rewards by the year 2022 as expert analysts predict a compound annual growth rate (CAGR) of 13.2% and a total market revenue of $ 10.2 billion.

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