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Method of adjusting ticket fares

  • US 4,758,954 A
  • Filed: 06/19/1987
  • Issued: 07/19/1988
  • Est. Priority Date: 07/25/1984
  • Status: Expired due to Fees
First Claim
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1. A method of allocating ticket fares to be commonly usable in a plurality of companies operating a plurality of transporation routes, comprising the steps of:

  • issuing tickets storing information magnetically indicating at least uniform fares applicable to all the transportation routes and a name of a company issuing the tickets, said tickets being issued by each transporation company and commonly usable in all transportation routes;

    collecting in advance a lump sum of ticket fares for a trip comprising a plurality of routes to be traveled at the company issuing said tickets;

    selecting by users any of said routes with use of said commonly usable tickets;

    retrieving said tickets at a last transportation route operated by one of said plurality of companies actually taken by each of the users;

    reading at least information indicative of the name of the company issuing said tickets and said uniform fares from each of said retrieved tickets;

    totaling at said last transportation route the number of tickets used in each of said routes actually taken by each of the users; and

    settling said lump sum of ticket fares between the company issuing said tickets and each of the plurality of companies operating said transportation routes actually taken by each of said users.

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