Transfer (public Transit)
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Transfer (public Transit)
A transfer allows the rider of a public transportation vehicle who pays for a single-trip fare to continue the trip on another bus or train. Depending on the network, there may or may not be an additional fee for the transfer. Historically, transfers may have been stamped or hole-punched with the time, date, and direction of travel to prevent their use for a return trip. More recently, magnetic or barcoded tickets may be recorded (as on international flights) or ticket barriers may only charge on entry and exit to a larger system (as on modern underground rail networks). Fare card A stored-value card (SVC) is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds ...s vastly simplify transfers, especially between different operators, since the transfer and payment (if any) is handled automatically by the card. Since tra ...
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Public Transportation
Public transport (also known as public transportation, public transit, mass transit, or simply transit) is a system of transport for passengers by group travel systems available for use by the general public unlike private transport, typically managed on a schedule, operated on established routes, and that charge a posted fee for each trip. There is no rigid definition; the ''Encyclopædia Britannica'' specifies that public transportation is within urban areas, and air travel is often not thought of when discussing public transport—dictionaries use wording like "buses, trains, etc." Examples of public transport include city buses, trolleybuses, trams (or light rail) and passenger trains, rapid transit (metro/subway/underground, etc.) and ferries. Public transport between cities is dominated by airlines, coaches, and intercity rail. High-speed rail networks are being developed in many parts of the world. Most public transport systems run along fixed routes with set embarka ...
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Chicago Transit Authority
The Chicago Transit Authority (CTA) is the operator of mass transit in Chicago, Illinois, United States, and some of its surrounding suburbs, including the trains of the Chicago 'L' and CTA bus service. In , the system had a ridership of , or about per weekday as of . The CTA is an Illinois independent governmental agency that started operations on October 1, 1947, upon the purchase and combination of the transportation assets of the Chicago Rapid Transit Company and the Chicago Surface Lines streetcar system. In 1952, CTA purchased the assets of the Chicago Motor Coach Company, which was under the control of Yellow Cab Company founder John D. Hertz, resulting in a fully unified system. Today, the CTA is one of the three service boards financially supported by the Regional Transportation Authority and CTA service connects with the commuter rail Metra, and suburban bus and paratransit service, Pace. Operations The Chicago Transit Authority provides service in Chicago a ...
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Minnesota Valley Transit Authority
The Minnesota Valley Transit Authority, also known by the acronym MVTA, is a public transportation agency that serves seven communities in the southern portion of the Minneapolis–Saint Paul metropolitan area. The agency provides fixed-route and demand-responsive transit within the service area of the communities and to select destinations in the region. MVTA was one of several transit agencies created by suburban communities in the Twin Cities who chose to "opt-out" of the regular route transit system operated by Metro Transit's predecessor, MTC. The suburban cities decided to opt-out due to disputes over the value of transit service they were receiving in receiving compared to the amount of property taxes they were paying. The original service area consisted of six suburbs but has now grown to seven suburbs all located south of the central cities of Minneapolis and Saint Paul. The agency's name refers to the river valley along the Minnesota River in the region. The agency o ...
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Fare Card
A stored-value card (SVC) is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds can be withdrawn and deposited straight from the card. Like cash, payment cards can be used anonymously as the person holding the card can use the funds. They are an electronic development of token coins and are typically used in low-value payment systems or where network access is difficult or expensive to implement, such as parking machines, public transport systems, closed payment systems in locations such as ships or within companies. Stored-value cards differ from debit cards, where money is on deposit with the issuer, and credit cards which are subject to credit limits set by the issuer and are connected to accounts at financial institutions. Another difference between stored-value cards and debit and credit cards is that debit and c ...
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