FARECARD Meaning and
Definition
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A farecard is a type of smart card or electronic ticketing system that allows individuals to pay for public transportation services. It is a convenient and efficient alternative to traditional paper tickets or cash payments. Farecards are widely used in various modes of transportation such as buses, subways, trains, and trams.
The main purpose of a farecard is to provide a reusable and reloadable payment method for commuters. These cards store electronic value or credits that can be deducted each time a passenger uses public transportation services. Farecards are typically equipped with a built-in microchip or magnetic stripe that contains the necessary data for fare transactions.
To use a farecard, passengers either tap or swipe the card at a designated card reader located at the entrance or on-board the vehicle. The reader scans the card's unique identifier and deducts the appropriate fare amount from the card's stored value. Farecards often offer discounts or benefits for frequent riders, such as reduced fares or unlimited rides within a specific time period.
The advantages of farecards include faster boarding times, reduced cash handling, and improved tracking of passenger data for transportation authorities. Additionally, farecards can be easily replaced if lost or stolen, and they offer a more environmentally friendly option compared to paper tickets. Farecards have become a key component of modern urban transportation systems, providing a convenient and efficient payment solution for commuters.
Etymology of FARECARD
The term "farecard" is derived from the combination of two words: "fare" and "card".
- "Fare" originated from the Middle English word "fare", which means the cost of transportation or a journey. It can be traced back to the Old English word "fær", which referred to a journey or passage.
- "Card" originated from the Latin word "cardo", which means hinge or axis. Over time, it evolved to include various meanings related to flat surfaces made from paper or other materials.
When combined, "farecard" refers to a card or ticket used to pay for transportation. The term specifically indicates a card used for payment in public transportation systems, allowing passengers to pay a set fare for their journey.
