July 11, 2013
Rebuilding the commuter train line over the Ben Franklin Bridge will cost $102.8 million. However, other recent construction projects, including the Walt Whitman Bridge redecking, were less expensive than planned.
October 10, 2012
The company wanted to test its open payment account-based products and determine if people would use the same media as both their fare card and their retail spend card, and both objectives were successfully achieved.
July 16, 2012
Now, riders will be able to use American Express contactless payment cards, as well as cards from other major payment networks, to make secure transit payments at PATCO.
April 2, 2012
In 2011, the two entities partnered to create the first transit-agency branded, all contactless Visa prepaid card in the world. This was among one of the first times that consumers had been able to use the same transit payment card for both transit and retail purchases.
September 27, 2011
The new PATCO Wave & Pay ANYWHERE Visa Prepaid Card began a 12-month pilot program on Monday. This marks the first time that consumers will be able to use the same transit payment card for both transit and retail purchases.
February 7, 2011
Work on the five-year project is scheduled to begin in February 2011. This contract is the largest capital improvement project in the history of the Delaware River Port Authority, the regional transportation agency that owns and operates PATCO.
February 3, 2011
Technology will be integrated across PATCO’s 14-mile line, and will allow riders to pay fares with a debit or credit card. For the first half of the year-long pilot, Cubic’s banking partner will issue a branded reloadable prepaid card with a contactless interface. During the second half, riders can pay with any bank card containing a contactless chip.
January 12, 2011
After an attempt by the Delaware River Port Authority to sell its commuter train line failed last month, the agency considered selling the line to a private buyer. Officials say that with $45.3 million in operating costs and only $24.8 million in revenue projected for 2011, the outlook is not promising.
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