Thales and its main partner MiTAC Information Technology will design and implement a more modern ticketing system, as well as refurbish Taipei Mass Rapid Transit's (TRTC) automatic fare collection equipment.
The 2 partners will deploy multiple electronic payment options in 120 Taipei subway stations.
The new system will integrate fare payment by EMV cards, including VISA, MasterCard, American Express and JCB, as well as QR codes such as TRTC SJQR and other third-party QR codes (LinePay Money Transit QR, EasyCard Transit QR, iCash Transit QR).
Currently, the only options available are contactless tokens/tickets issued at ticket counters or by ATMs, and contactless cash reserve cards (Easycard, iCash and iPass).
' This contract strengthens Thales' position in the Taiwanese transport market, with the support and confidence of a customer who has been our partner for a long time. We look forward to contributing to many more successes in the future, and to demonstrating our expertise. said Jean-Marc Reynaud, Vice President, Ticketing Systems, Thales.
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Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the defense and security, aerospace, and transportation sectors. Net sales break down by product group as follows:
- defense and security systems (53.4%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles;
- aerospace systems (28.4%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.);
- digital identification and security solutions (18.2%).
Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors).
Net sales are distributed geographically as follows: France (29.5%), the United Kingdom (6.6%), Europe (24.8%), the United States and Canada (14%), Asia (9.4%), Near and Middle East (6%), Australia and New Zealand (4.4%) and other (5.3%).
THALES 
