Financial Center --> Payment Administration Center:
settlement
Definitions
settlement (Information Flow): Information exchanged to settle charges and distribute or debit accounts appropriate to the authorized charges.
Financial Center (Source Physical Object): The 'Financial Center' represents the organization that handles electronic fund transfer requests to enable the transfer of funds from the user of the service to the provider of the service. The functions and activities of financial clearinghouses are covered by this physical object.
Payment Administration Center (Destination Physical Object): The 'Payment Administration Center' provides general payment administration capabilities and supports the electronic transfer of funds from the customer to the transportation system operator or other service provider. Charges can be recorded for tolls, vehicle-mileage charging, congestion charging, or other goods and services. It supports traveler enrollment and collection of both pre-payment and post-payment transportation fees in coordination with the financial infrastructure supporting electronic payment transactions. The system may establish and administer escrow accounts depending on the clearinghouse scheme and the type of payments involved. It may post a transaction to the customer account, generate a bill (for post-payment accounts), debit an escrow account, or interface to a financial infrastructure to debit a customer designated account. It supports communications with the ITS Roadway Payment Equipment to support fee collection operations. As an alternative, a wide-area wireless interface can be used to communicate directly with vehicle equipment. It also sets and administers the pricing structures and may implement road pricing policies in coordination with the Traffic Management Center.
Included In
This Triple is in the following Service Packages:
- PM03: Parking Electronic Payment
- ST05: Electric Charging Stations Management
- ST06: HOV/HOT Lane Management
- ST10: Low Emissions Zone Management
- TI05: Integrated Multi-Modal Electronic Payment
- TM10: Electronic Toll Collection
- TM11: Road Use Charging
This triple is associated with the following Functional Objects:
This Triple is described by the following Functional View Data Flows:
- ffc-bad_toll_payment_updates
- ffc-confirm_electric_charging_payment
- ffc-confirm_road_use_payment
- ffc-confirm_toll_payment
- ffc-multimodal_payments
This Triple has the following triple relationships:
None |
Communication Solutions
No communications solutions identified.Characteristics
Characteristic | Value |
---|---|
Time Context | Now |
Spatial Context | Regional |
Acknowledgement | True |
Cardinality | Unicast |
Initiator | Destination |
Authenticable | True |
Encrypt | True |
Interoperability | Description |
---|---|
National | This triple should be implemented consistently within the geopolitical region through which movement is essentially free (e.g., the United States, the European Union). |
Security
Information Flow Security | ||||
---|---|---|---|---|
Confidentiality | Integrity | Availability | ||
Rating | Moderate | Moderate | Moderate | |
Basis | This may include PII and will include status information about a payment that could be used by a criminal for a variety of purposes, including identity theft, financial theft, or location-based activities, as the status is predictivie of what the account holder is doing and where they are doing it. | Payment flows must all have some integrity protection and consistent availability to prohibit forgery and instill confidence in the payment process. Repurcussions of roadway payment are individually fairly small, collectiviely significant but probably never catastrophic. Thus MODERATE for both integrity and availability. | Payment flows must all have some integrity protection and consistent availability to prohibit forgery and instill confidence in the payment process. Repurcussions of roadway payment are individually fairly small, collectiviely significant but probably never catastrophic. Thus MODERATE for both integrity and availability. |
Security Characteristics | Value |
---|---|
Authenticable | True |
Encrypt | True |