The invention discloses a ticket clearing system and method. The ticket clearing system includes a data acquisition subsystem, a data verification subsystem, an account clearing system, an account checking subsystem, a settlement subsystem, a report-form statistics subsystem, a system configuration management subsystem and a system monitoring and management subsystem. The system also includes an external system and a clearing rule management subsystem. The method includes data monitoring and management processes such as a data acquisition process, a status inquiry service process, a query verification process, a ticket purchase process, a station entrance and exit station-code matching verification process, a card balance verification process, a query service type clearing process, a station exit clearing process, an account checking data request process, an account checking detail data request process, an account checking data confirmation request process, a settlement process, a report-form subsystem process, a system configuration management subsystem process and a data receiving monitoring process and the like.