E-tickets processing solution released by Alternet Systems

The mass transportation market is to meet new wireless consumer e-ticket solution designed by Alternet Systems.

Today prepaid fare collection is getting the status of an industry standard in the mass transportation marketplace. First targets of Alternet are the markets of Central and South America. The company expects its E-Transaction solution to lay a recurring revenue foundation. After the solution roll out 24 million e-tickets are to be processed within the first year as per the company’s forecasts.

E-Transaction system, a comprehensive wireless solution can support electronic payment transactions for multiple industries. Thereby Alternet is determined to adapt its solution to the financial, telecommunications, and utility industries.