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Encompassing Payment for Heterogeneous Travelling - Design Implications for a Virtual Currency based Payment Mechanism for Intermodal Public Transport

Topics: Case Studies and Innovative Applications for Smart(Er) Cities; Frameworks and Models for Smart City Initiatives; Intelligent Transport Systems and Traffic Management; Internet-Enabled Infrastructures and Services; Mechanisms for Motivating Behaviour Change; Service Innovation and Design to Support Smart Cities; User-Centred and Participatory Design of Services and Systems for Smart Cities

Authors: Markus C. Beutel and Karl-Heinz Krempels

Affiliation: RWTH Aachen University, Germany

ISBN: 978-989-758-025-3

Keyword(s): Virtual Currency, Mechanism, Incentive, Public Transport, Mobility.

Related Ontology Subjects/Areas/Topics: Case Studies and Innovative Applications for Smart(Er) Cities ; Energy and Economy ; Frameworks and Models for Smart City Initiatives ; Intelligent Transport Systems and Traffic Management ; Internet-Enabled Infrastructures and Services ; Mechanisms for Motivating Behaviour Change ; Service Innovation and Design to Support Smart Cities ; Smart Cities ; User-Centred and Participatory Design of Services and Systems for Smart Cities

Abstract: As a result of a huge offering of different traffic modes, peoples mobility behavior is more and more characterized by multi- and intermodality. But this growing demand cannot be satisfied adequately yet. People have to use numerous separated software platforms and payment schemes to get access to these modes. Whereas some platforms already offer the access to few transport modes, an unconditional and comprehensive virtual payment scheme for intermodal travelling is not fully developed yet. This work examines existing virtual payment mechanisms and projects them onto the setting of the mobility sector. First, mechanism design is determined by companies strategies, the competitive environment and the access to the providing software platform. Basis is a scenario of an open software platform that provides offerings of different independent market actors. Critical for developing a comprehensive mechanism is a functional integration of (private) vehicle sharing, the consideration of specific product characteristics and appropriate system restrictions. (More)

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Paper citation in several formats:
Beutel, M. and Krempels, K. (2014). Encompassing Payment for Heterogeneous Travelling - Design Implications for a Virtual Currency based Payment Mechanism for Intermodal Public Transport.In Proceedings of the 3rd International Conference on Smart Grids and Green IT Systems - Volume 1: SMARTGREENS, ISBN 978-989-758-025-3, pages 305-310. DOI: 10.5220/0004977203050310

@conference{smartgreens14,
author={Markus C. Beutel. and Karl{-}Heinz Krempels.},
title={Encompassing Payment for Heterogeneous Travelling - Design Implications for a Virtual Currency based Payment Mechanism for Intermodal Public Transport},
booktitle={Proceedings of the 3rd International Conference on Smart Grids and Green IT Systems - Volume 1: SMARTGREENS,},
year={2014},
pages={305-310},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0004977203050310},
isbn={978-989-758-025-3},
}

TY - CONF

JO - Proceedings of the 3rd International Conference on Smart Grids and Green IT Systems - Volume 1: SMARTGREENS,
TI - Encompassing Payment for Heterogeneous Travelling - Design Implications for a Virtual Currency based Payment Mechanism for Intermodal Public Transport
SN - 978-989-758-025-3
AU - Beutel, M.
AU - Krempels, K.
PY - 2014
SP - 305
EP - 310
DO - 10.5220/0004977203050310

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