Smart Vending Solution IC Card Prepayment Vending Solution
PVMS-Card
Company Profile
Willfar Information Technology Co., Ltd.
- Established in 2004;
- Listed on the STAR Market of the Shanghai Stock Exchange in
December 2019;
- Leading supplier of meter reading (AMI) equipment and operation
service;
- The first company to develop "One DCU Reading Multi-meter"
solution in China;
- The first company to have large-scale application of technologies
and systems like "CPU smart-card Charge and Control", "One DCU
Reading Multi-meter", LoRa-based RF Communication and "District
Metering Area (DMA)”
Introduction
- Prepaid metering systems have been around for many years.
- Utilities implement prepaid metering systems to reduce collection
expense, better manage cash flow and to lower bad debt.
- In some markets, prepayment enables utilities to provide service
in remote areas, where the cost of capital expansion and the credit
risk associated with that expansion would otherwise not be
justified.
- The system rely on tokens or smart cards to interface with the
meter to credit its balance.
- Generally, the available balance is calculated on the meter
itself, and the meter serves as the medium to communicate with the
consumer.
Features
1. Improved Cash flow – With Prepaid Meters there are no arrears to
collect and manage, no meters to read, no meter readers to pay, no
billing administration and collection overhead and the tenant can
control their budget to use as much as they can afford.
2. No Credit and Arrears Collection Costs – With Prepaid Meters
there are no credit and collection issues.
3. No Deposits - With Prepaid Meters customers don’t need to take
deposits for electricity from your tenants. All you collect is the
first pre-payment for electricity.
4. No Monthly Bills – With Prepaid Meters you don’t need to send
monthly usage bills for electricity, no more surprise bills, no
more average reads and no more un pleasant surprises.
5. No Reconnect Charges – With Prepaid Meters the electricity is
always paid, not need to disconnect and reconnect.
6. A reduction in working capital assets.
7. Improved customer service–providing more control in the hands of
the consumer.
8. Proven capabilities to reduce energy usage.
9. Additional business case justification for advanced metering
infrastructure (AMI).
10. When positioned as a broader customer benefit, the utility may
be able to recoup investment in rates.
11. With Prepaid Meters you get energy conservation as it reduces
electrical consumption when users can monitor their own usage.
12. This reduces the load on the grid through reduction of peak
demand.
13. Also with the built-in arrears management, utility companies
have an effective way to manage customers in arrears without having
to cut them off the grid, thereby creating a win-win situation
between utility company and user
14. With Prepaid Meters, users can easily monitor, measure and
hence manage their electricity usage and spend as much as they can
afford and budget. This creates a greater awareness and control of
costs.
15. It also totally avoids any bill complaints on usage.
Function
1. Excellent compatibility and interoperability
2. Support on-line or off-line vending
3. Support custom tariff structures, time of user tariff, block
tariff ,SC, DC, MC ,VAT
4. Support LAN, WAN ,PSTN ,GPRS communication
5. Provide common interface to support other meter supplied by
other manufacturers
6. Provide interface for other utility IT system
7. One card one meter, dynamic password
8. MIC can control all UVS (like operator, Tariff, Credit, sale
time)
Certificate
ISO/IEC7816, ISO/IEC14443
Vending System Architecture
Main System Components
Situation
For smart electric, water, gas meter required IC Card payment
method and AMI Solution.
