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The Importance of E-Ticketing to Public Transport in Romania - URTP

The Importance of E-Ticketing to Public Transport in Romania - URTP

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lEBRD-Favoured Approach: Institutional &contractual arrangements for E-<strong>Ticket<strong>in</strong>g</strong> E(cont.)Specialist E-ticket<strong>in</strong>g company as “ServiceProvider”:– Company recuperates its <strong>in</strong>vestment and all operationsand ma<strong>in</strong>tenance costs by reta<strong>in</strong><strong>in</strong>g a percentage (5-10%) <strong>of</strong> daily revenues collected through e-ticket<strong>in</strong>gsystem– Company staffs, operates, collects fare revenues, andma<strong>in</strong>ta<strong>in</strong>s new system– City moni<strong>to</strong>rs performance <strong>to</strong> ensure contractualcompliance<strong>The</strong> approach <strong>in</strong>creases revenues per unit significantly byreduc<strong>in</strong>g “cash leakage” & fare evasion by 20-30% whenmov<strong>in</strong>g from co<strong>in</strong> or co<strong>in</strong>-based paper ticket systems <strong>to</strong>electronic collection)

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