Transit and Mobility Clearing House
High volume transaction processing for micropayments is a core strength of our business.
As the provider of transit clearing house services to the city of Beijing in China, we process over 16 million passenger journeys and 30-40 million transactions per day. Big or small, we know how to make sure your city and transport providers get paid on time, all the time.
We work with our customers to extend these systems beyond pure transit systems to become micropayments brands for the city or nation that they are deployed in. the benefit is the creation of community around the transit scheme.
Our clearing house solutions are:
- Highly Secure
- Fast
- Flexible
- Multi-operator
- Multi-modal
Key Features
- Secure smart-card capable of multiple applications
- Electronic purse for transit and retail
- Transit passes and products
- Staff cards for access control
- Bill payment
- Highly secure card model to avoid card duplication
- Financial Services
- Clearing and settlement between multiple companies and retailers
- Revenue apportionment on sales and inter-operator bus transfers
- Financial reporting on sales and revenue
- Audit reporting
- Financial exporting to General Ledgers
- Card Services
- Maintains shadow accounts of the smart cards in the back-office and tracks issuer liability
- Card fulfillment services, for low volume or high volume to a card bureau
- Gap management for missing transactions
- Duplicate card, product and transaction detection for fraud prevention
- Autoload funds management
- Cardholder Services
- Card registration, personalisation
- Cardholder websites for transaction history and online sales
- Call-centre integration
- Customer service terminals for transport service centres
- Transport Provider Services
- Driver accounting and cash management
- Integration with traffic management databases such as Trapeze and Hastus
- Bus, heavy rail, metro, light rail and ferry solutions for devices and management.
Case Study
Vix leads the way in the deployment of clearing house solutions in the Mobilty sector. Read about some of our outstanding work: