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A ticket machine, commonly referred to as a ticket vending machine (TVM), is a type of vending machine that can print paper or electronic tickets, or recharge a smart card, stored-value card, or a user’s mobile wallet, which is frequently accessed via a smartphone.
Passenger ticket vending machines produce fare tickets that may be accessed without any extra assistance at airports, metro stations, railway stations, and bus stops. Since there is no longer a need for lengthy lineups at public transportation hubs, it is a more time- and operationally-efficient alternative to traditional ticketing systems.
The India passenger ticket vending machine market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
In order to speed up ticketing, Central Railway is installing one touch ATVMs at 42 suburban stations. One touch ATVM’s key benefit is that it reduces the number of steps required to purchase a ticket from six to only two. the single-touch ATVM will include a single screen display for choosing single- or round-trip tickets.
If desired, a station can be selected in the distance slab by pressing the “up to station” tab on either a one-way or round-trip ticket. Platform tickets are also available with a single click.
Passengers can get information from moBiel’s new ticket machines. They have a display that shows real-time passenger information, such as impending departures or delays, and a touchscreen that will give access to the entire moBiel timetable. The penalty cost can also be paid at a ticket machine by travellers who are detained without a valid ticket.