March 17, 2015
HONG KONG, 17 MARCH, 2015 - Advanced Card Systems Ltd. (ACS, a wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers (Source: Frost & Sullivan), was a speaker in Open Identification and Payments Summit 2015, a conference and tradeshow organized by Smart Card Alliance Latin America (SCALA) for smart card issuers and users. The event was held from 3 to 5 March, in San Jose, Costa Rica.
ACS Regional Sales Manager, Bryan Javier, delivered a presentation entitled, TaptoPay: Transit in the Philippines and Beyond. Bryan used the Philippine business case as an example, showing how ACS technologies have addressed the unique issues and challenges related to transport in the Philippine context, and how the same technologies may address transport issues elsewhere worldwide.
Bryan identified issues such as poor transport infrastructure, weak mass traffic systems, and heavy traffic congestion. Transit agencies are also looking for solutions that will increase business efficiency, cater to other customer needs, reduce costs over the long-term, broaden their customer base, and allow interoperability.
A smart card‒based system presents viable answers to all of these requirements. In addition to enabling AFC applications, the system can unify other applications (e.g. loyalty and micropayment) under the same platform. Thus, such a system caters to a wider range of needs. By minimizing cash handling, they reduce short-term operational costs and generate long-term savings for transit operators. By increasing efficiency and convenience, the system attracts more customers. And by adhering to major standards, it is guaranteed to be future-proof and interoperable with other systems.
ACS’s technologies and end-to-end solutions are developed in-house. This enables ACS to be flexible, quick, and cost-effective when customizing a solution to suit customers’ needs.
Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 8210), founded in 1995, is Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers. ACS is the winner of the Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. In 2010 and 2014, ACS was listed in Forbes Asia's “Best Under a Billion", an inter-industry list comprised of 200 top-performing publicly listed companies in the Asia-Pacific, with sales between US$5 million and US$1 billion. ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at https://www.acs.com.hk/.