Taipei Rapid Transit Corp, which operates the Taipei Mass Rapid Transit system, said it is planning to implement a new fare scheme on February 1, which is aimed at rewarding frequent passengers. After TRTC held a board meeting Monday to approve the new pricing scheme, the metro system operator scheduled February 1 as the launch date for the new fare scheme, the company said. But TRTC said an exact date for the implementation of the new pricing scheme is still pending approval from the Taipei City Government. In early December, TRTC unveiled the new fare system which will offer different discount rates of up to 30 percent to subway passengers by taking into account how often they use the system. While launching the new fare program to boost ridership, TRTC will cancel the current 20 percent discount to passengers using smart cards.

Source: The Standard January 14, 2020 04:09 UTC