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Shanghai Public Transport Card
The Shanghai Public Transportation Card (SPTC) ( also known as ) is a contactless card, utilizing RFID technology, which can be used to access many forms of public transport and related services in and around Shanghai. Uses The SPTC is a form of rechargeable cash card, and allows access to, among other things in Shanghai: *Metros *Airport maglev *Trams *Buses and trolleybuses *Ferries *Taxis *Tourist centers *Car parks *Fuel stations *Expressways *Auto repair service As of June 2006, the card has been interchangeable with the Wuxi Tai-Lake Transportation Card, and can also be used in Suzhou. Purchase and funding There are five types of SPTCs: *Standard *Memorial *Mini *Personalized *Watch Only the Standard card has a refundable deposit (20 RMB); other cards cannot be refunded, but have a lower deposit (20 RMB) and are resalable through other means. Cards can be reloaded in multiples of 10 RMB, at selected convenience stores, banks throughout Shanghai and service counters ...
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Shanghai
Shanghai (; , , Standard Chinese, Standard Mandarin pronunciation: ) is one of the four Direct-administered municipalities of China, direct-administered municipalities of the China, People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the List of cities in China by population and built-up area, most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the List of largest cities, second most populous city proper in the world (after Chongqing) and the only List of cities by GDP, city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks List of administrative divisions of Greater China by Human Development Index, second among the administrative divisions of Mainland China in Human Development Index, human development index (after Beijing). As of 2018, the Greater ...
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Renminbi
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its ...
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ISO/IEC 14443
ISO/IEC 14443 ''Identification cards -- Contactless integrated circuit cards -- Proximity cards'' is an international standard that defines proximity cards used for identification, and the transmission protocols for communicating with it. Standard The standard is developed by ISO/IEC JTC 1 (Joint Technical Committee 1) / SC 17 (Subcommittee 17) / WG 8 (Working Group 8). Parts * ISO/IEC 14443-1:2018 Part 1: Physical characteristics * ISO/IEC 14443-2:2016 Part 2: Radio frequency power and signal interface * ISO/IEC 14443-3:2018 Part 3: Initialization and anticollision * ISO/IEC 14443-4:2018 Part 4: Transmission protocol Types Cards may be Type A and Type B, both of which communicate via radio at 13.56 MHz (RFID HF). The main differences between these types concern modulation methods, coding schemes (Part 2) and protocol initialization procedures (Part 3). Both Type A and Type B cards use the same transmission protocol (described in Part 4). The transmission protocol sp ...
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Contactless Smart Card
A contactless smart card is a contactless credential whose dimensions are credit-card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets, bank cards and passports. There are two broad categories of contactless smart cards. Memory cards contain non-volatile memory storage components, and perhaps some specific security logic. Contactless smart cards contain read-only RFID called CSN (Card Serial Number) or UID, and a re-writeable smart card microchip that can be transcribed via radio waves. Overview A contactless smart card is characterized as follows: *Dimensions are normally credit card size. The ID-1 of ISO/IEC 7810 standard defines them as 85.60 × 53.98 × 0.76 mm (3.370 × 2.125 × 0.030 in). *Contains a security system with tamper-resistant properties (e.g. a secure cryptoprocessor, secure file system, human-readable features) and is capable of providing ...
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RFID
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder, a radio receiver and transmitter. When triggered by an electromagnetic interrogation pulse from a nearby RFID reader device, the tag transmits digital data, usually an identifying inventory number, back to the reader. This number can be used to track inventory goods. Passive tags are powered by energy from the RFID reader's interrogating radio waves. Active tags are powered by a battery and thus can be read at a greater range from the RFID reader, up to hundreds of meters. Unlike a barcode, the tag does not need to be within the line of sight of the reader, so it may be embedded in the tracked object. RFID is one method of automatic identification and data capture (AIDC). RFID tags are used in many industries. For example, an RFID tag attached to an automobile during production can be used to trac ...
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Cash Card
Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer and access automated teller machines (ATMs). Such cards are known by a variety of names including bank cards, ATM cards, client cards, key cards or cash cards. There are a number of types of payment cards, the most common being credit cards, debit cards, charge cards, and prepaid cards. Most commonly, a payment card is electronically linked to an account or accounts belonging to the cardholder. These accounts may be deposit accounts or loan or credit accounts, and the card is a means of authenticating the cardholder. However, stored-value cards store money on the card itself and are not necessarily linked to an account at a financial institution. It can also be a smart card that contains a unique card nu ...
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Suzhou
Suzhou (; ; Suzhounese: ''sou¹ tseu¹'' , Mandarin: ), alternately romanized as Soochow, is a major city in southern Jiangsu province, East China. Suzhou is the largest city in Jiangsu, and a major economic center and focal point of trade and commerce. Administratively, Suzhou is a prefecture-level city with a population of 6,715,559 in the city proper, and a total resident population of 12,748,262 as of the 2020 census in its administrative area. The city jurisdiction area's north waterfront is on a lower reach of the Yangtze whereas it has its more focal south-western waterfront on Lake Tai – crossed by several waterways, its district belongs to the Yangtze River Delta region. Suzhou is now part of the Greater Shanghai metro area, incorporating most of Changzhou, Wuxi and Suzhou urban districts plus Kunshan and Taicang, with a population of more than 38,000,000 residents as of 2020. Its urban population grew at an unprecedented rate of 6.5% between 2000 and 2014, wh ...
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Near Field Communication
Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of 4 cm (1 in) or less. NFC offers a low-speed connection through a simple setup that can be used to bootstrap more-capable wireless connections. Like other " proximity card" technologies, NFC is based on inductive coupling between two so-called antennas present on NFC-enabled devices—for example a smartphone and a printer—communicating in one or both directions, using a frequency of 13.56 MHz in the globally available unlicensed radio frequency ISM band using the ISO/IEC 18000-3 air interface standard at data rates ranging from 106 to 424 kbit/s. The standards were provided by the NFC Forum. The forum was responsible for promoting the technology and setting standards and certifies device compliance. Secure communications are available by applying encryption algorithms as is done for credit cards and if they fit the crit ...
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Overdraft
An overdraft occurs when something is withdrawn in excess of what is in a current account. For financial systems, this can be funds in a bank account. For water resources, it can be groundwater in an aquifer. In these situations the account is said to be "overdrawn". In the economic system, if there is a prior agreement with the account provider for an overdraft, and the amount overdrawn is within the authorized overdraft limit, then interest is normally charged at the agreed rate. If the negative balance exceeds the agreed terms, then additional fees may be charged and higher interest rates may apply. History in finance The first overdraft facility was set up in 1728 by the Royal Bank of Scotland. The merchant William Hogg was having problems in balancing his books and was able to come to an agreement with the newly established bank that allowed him to withdraw money from his empty account to pay his debts before he received his payments. He was thus the first recipient of cas ...
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Shanghai Railway Station (Shanghai Metro)
Shanghai Railway Station () is an interchange station between lines 1, 3 and 4 on the Shanghai Metro. It is one of the stations where Line 3 and Line 4 share the same tracks and elevated platforms. The transfer between Line 1 and lines 3 and 4 is actually quite long. Both metro stations are located on the opposing sides of the train station with a long tunnel connecting both platforms. In addition to being an interchange between metro lines, the station facilitates transfer to Shanghai's main railway station. A tunnel leads directly from the concourse of the metro station to the concourse of the railway station. This station served as the northern terminus of Line 1 before the extension to Gongfu Xincun opened on 28 December 2004. Station layout Places nearby * Shanghai railway station * Shanghai Post Office * Suzhou Creek Suzhou Creek (or Soochow Creek), also called the Wusong (Woosung) River, is a river that passes through the Shanghai city center. It is na ...
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Transport In Shanghai
Shanghai has an extensive public transport system, largely based on buses, trolley buses, taxis, and a rapidly expanding metro system. Shanghai has invested heavily in public transportation before and after the 2010 World Expo, including the construction of the Hongqiao transportation hub of high-speed rail, air, metro and bus routes. Public transport is the major mode of transport in Shanghai as limitations on car purchases were introduced in 1994 in order to limit the growth of automobile traffic and alleviate congestion. New private cars cannot be driven without a license plate, which are sold in monthly license plate auctions which is only accessible for locally registered residents and those who have paid social insurance or individual income taxes for over three years. Around 9,500 license plates are auctioned each month, and the average price is about () in 2019. Shanghai (population of 25 million) has over four million cars on the road, the fifth-largest number of an ...
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