Going Green with Electronic Fare Media!
TRANServe has implemented program methodologies to tighten internal controls and support Green Government by moving towards electronic fare media. Launched in 2011, the primary goal of the program is to use a single fare media delivery system that offers enhanced internal controls and preserves the transit benefit by preventing fraud, waste and abuse.
Electronic Method of Distributing Transit Benefit Saves Government Money and Makes Choosing Mass Transit Easier for Federal Employees
WASHINGTON – The U.S. Department of Transportation has introduced an effective and cost-efficient way for government employees to receive their monthly transit benefit through the use of a federal debit card. The transit benefit program encourages federal government employees to choose commuting options that improve air quality and reduce traffic congestion as opposed to using single-occupant vehicles.
Under the program, government employees use a personalized Visa© debit card to purchase fare media from a ticket agent, online or at a station kiosk. This saves the federal government approximately $270,000 annually in eliminated shipping, travel and onsite distribution costs.
An estimated 20,000 employees in over 50 Federal agencies in New York City and the National Capitol Area no longer need to stand in line or lose time away from their offices to obtain paper vouchers. Unused benefits will be returned to the government automatically, which could lead to additional government savings.
This process also allows greater oversight through monthly reports detailing where benefits are purchased and used. Lost cards can be quickly canceled and easily replaced, further safeguarding government funds.
The program has now been launched throughout the U.S. with more than 500 transit providers accepting the TRANServe Card. Read more about the TRANServe Card here: http://transerve.dot.gov/debit-card.html.
The U.S. Department of Transportation was one of the first government agencies to embrace the Transit Benefit Program. It began distributing transit benefits to employees in the early 1990s. The Department’s program has evolved over the years to offer transit benefit distribution services to over 250,000 federal participants nationwide.
Monday – Friday,
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