ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the July 2006 issue


Israel to launch contactless transit-fare cards

The Israeli government plans to introduce a contactless fare-payment system for all public transit in the country, and Israel-based On Track Innovations Ltd. has received a contract to supply contactless smart cards for use in the program. Ohad Bashan, president and CEO of OTI America, OTI's U.S. subsidiary said that the program will enable passengers to use the same card to pay fares on Egged, Israel's largest bus company; Dan, the bus company that serves the central area; and Israel Railways, the country's national train system. Bashan adda that the government hopes to integrate the planned future light-rail systems in Tel Aviv and Jerusalem into the program as well.



Reprinted from the Israel High-Tech & Investment Report July 2006

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