Aurionpro Solutions wins India Technology Excellence Award for Digital - Technology at the Asian Technology Excellence Awards 2022 | Asian Business Review
, India
484 views

Aurionpro Solutions wins India Technology Excellence Award for Digital - Technology at the Asian Technology Excellence Awards 2022

Its automatic fare collection system provides an end-to-end solution for customers to pay for their transport services.

Technology products company Aurionpro Solutions bagged the India Technology Excellence Award for Digital -  Technology award at the recently held Asian Technology Excellence Awards 2022 for its initiative to digitise the transport industry through its automatic fare collection (AFC) systems. 

The AFC system consists of commissioning an end-to-end public transit fare collection system for a national integrated ferry ticketing system, which will be further extended to bus ticketing systems and other modes of transport.

It also includes an onboard validator supporting EMV bank cards, QR code-based ticket issued from a mobile app and a web reservation portal. It also has inspection terminals and ticket issuance machines at ferry terminals. The solution also deployed Central Backoffice, Mobility Apps, and a Reservation Portal, amongst others.

The next-generation AFC system provides an end-to-end solution for commuters to pay for transport services. The proposed fare collection system has been supported by multiple media types, including smart cards and smartphones. Fare media will serve as a credential for back-office accounts.

The project mainly highlights its outstanding features such as Product Configuration Management, Transaction Management, System Configuration Management, Equipment Management, Reconciliation, Banking Payments, and MIS Reporting, which have been deployed across locations.

“This has solidified our position as the go-to company for similar initiatives in the future. We've had a fantastic year in terms of growth, and this success has helped us maintain that growth trajectory for the coming year. Our products and solutions developed by our team of tech specialists solve the challenges and offer a solution that is changing the world of mobility,” the company said.

Aurionpro Solutions’ expertise has helped the company build long-term collaborations with transit agencies, operators, and banks. This also sets the company on course for bigger things in terms of their technological capabilities.

The Asian Technology Excellence Awards aims to recognise exceptional companies that are riding the digital disruption wave and leading the technological revolution and digital transformation journeys in their respective industries.

The Asian Technology Excellence Awards is presented by Asian Business Review. To view the full list of winners, click here. If you want to join the 2023 awards programme and be acclaimed for your company's outstanding retail initiatives, please contact Jane Patiag at [email protected].

Follow the link for more news on

Join Asian Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Philippines pre-need premiums rise to $300m
Industry sold 690,064 plans by Q3 2025 up from 509323 a year earlier.
Insurance
Thai power sector poised for 20% core EPS growth
Power Development Plan and tariff normalisation underpin outlook.

Exclusives

Grid-forming inverters seize control to stabilise Asia’s power
Electricity demand is rising faster than the physical networks that deliver it.
Legasea and SeaTrek team up to boost cargo access in Asia
The focus is on trade lanes tied to industrialisation and infrastructure demand.
Asia fusion market enters decisive phase with $5b China lead
The China Fusion Energy Corporation serves as a $2.1b national hub for artificial sun projects.
AI enters the Philippine neighbourhood store
Widespread use could generate up to $48b in economic value by 2030.