Efficiency assessment of contactless fare payment technology implementation on public transport

Abstract

Presents the research results in efficiency assessment of contactless technologies of fare payment implementation on public transport. The project effectiveness assessment methodology has been developed on the synthesis method basis of expert assessments and prof. A. Egorshin's methods. The methodology allows to evaluate several effect types from the project implementation and to perform calculations of the complex efficiency assessment of contactless fare payment technology applied on public transport. The obtained results give a possibility to make conclusion about implementation feasibility of contactless fare payment system and efficiency for each project participants.