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The Latest in Fare Collection Technology

The latest offerings from some of the biggest names in the industry.

Alex Roman
Alex RomanExecutive Editor
Read Alex's Posts
May 30, 2024
The Latest in Fare Collection Technology

It’s as simple as tap and pay. Contactless fare collection from U.S. Bank offers an open-loop, contactless payment solution that allows transit riders to pay via tap-to-pay and digital wallets, removing ticket purchases or loading funds onto fare cards.

Photo: Elavon

4 min to read


What are the latest offerings in fare payment? Check out the latest from Cubic/Umo, Elavon, Genfare, INIT, Kuba, Masabi, and VIX Technology.

Cubic Transportation Systems

The Umo Handheld Reader by Cubic Transportation Systems is an advancement in electronic fare collection.

Photo: Cubic/Umo

The Umo Handheld Reader by Cubic Transportation Systems is an advancement in electronic fare collection. The innovative device seamlessly pairs Cubic's software with Samsung's off-the-shelf technology, revolutionizing transit payments on buses, trains, and more. Designed to enhance rider experiences, it offers convenient tap-to-pay functionality right at your fingertips. With its affordability and ease of use, transit agencies can effortlessly expand services without costly hardware installations. From paratransit to on-demand transport, the Umo Handheld Reader adapts swiftly, ensuring a smooth journey for all.

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www.umomobility.com

Elavon

It’s as simple as tap and pay. Contactless fare collection from U.S. Bank offers an open-loop, contactless payment solution that allows transit riders to pay via tap-to-pay and digital wallets, removing ticket purchases or loading funds onto fare cards. With mass transit contactless payments, you can:

  • Improve rider experience by making it faster, easier, and more convenient to pay.

  • Increase revenue on fare collection expenses.

  • Speed up service during peak periods by collecting fares more quickly.

  • Reduce idling time and carbon emissions due to faster boarding times.

  • Create a safer environment by reducing touchpoints and face-to-face interactions.

www.elavon.com

Genfare

Genfare collaborates with more than 450 transit agencies to design fare collection solutions that simplify the rider experience, empower equitable mobility through innovation that leaves no rider behind, and connect communities based on their needs for a smoother journey.

Photo: Genfare

For more than 40 years, Genfare has been the premier supplier of American-made fareboxes, and today we’re driving the industry forward with innovative and equitable mobility solutions that let the rider pay with whatever is in their pocket. We collaborate with more than 450 transit agencies to design fare collection solutions that simplify the rider experience, empower equitable mobility through innovation that leaves no rider behind, and connect communities based on their needs for a smoother journey.

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www.genfare.com

INIT

For agencies, TaaS offers fast, cloud-based fare management and real-time insights into sales and passenger behavior, promoting operational efficiency and profitability.

Photo: INIT

Ticketing-as-a-Service (TaaS) is redefining efficiency, security, and accessibility in public transit. For agencies, TaaS offers fast, cloud-based fare management and real-time insights into sales and passenger behavior, promoting operational efficiency and profitability. Its compatibility with existing systems and support for multi-channel strategies enhance service flexibility, driving ridership and sustainability. For passengers, TaaS brings convenience and affordability with contactless EMV payment technology and intelligent fare capping, ensuring the lowest fares without the need for physical tickets. This innovation not only streamlines the ticketing process but also makes public transportation more appealing and cost-effective. As a systems integrator, INIT delivers the future of ticketing through TaaS to make public transit more accessible, efficient, and attractive.

www.initse.com

Kuba

In the U.S., Kuba is involved in programs with government and transit agencies that make it easier to buy and implement contactless and mobile fare collection systems.

Photo: Kuba North America

The people and technology behind Kuba have been at the forefront of fare collection for decades. Launching as Kuba in 2019, they are now a leading provider of mobility planning and payment solutions. Fast, simple, and cost-effective to deploy, Kuba’s mobility platform allows agencies to switch on capabilities at a pace that’s right for them. They can start with account-based ticketing and add modules later for open-loop fare collection and Mobility-as-a-Service. In the U.S., Kuba is involved in programs with government and transit agencies that make it easier to buy and implement contactless and mobile fare collection systems.

www.kubapay.com

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Masabi

Masabi is the company delivering Fare Payments-as-a-Service through its open platform Justride, which is integrated into the technology of leading players from across the transit ecosyste and used by more than 200 transit agencies worldwide

Photo: Masabi

Masabi is the company delivering Fare Payments-as-a-Service through its open platform Justride, which is integrated into the technology of leading players from across the transit ecosyste and used by more than 200 transit agencies worldwide. Emphasizing convenience and fairness, Justride employs Account-Based Ticketing (ABT) and Open Payments, ensuring riders never overpay. With fare capping, costs are automatically capped at the daily or monthly pass rate, promoting fare equity. Justride supports diverse payment methods, including mobile ticketing, and integration into popular Mobility-as-a-Service apps, making it accessible to all passengers, even those paying with cash.

www.masabi.com

Vix Technology

Vix Technology is the global leader in intelligent transportation systems, automated fare collection, and transit analytics.

Photo: VIX Technology

Vix Beacon ITS is a cloud-native, modular platform designed to manage and monitor your fleet, support drivers, and keep riders up-to-date on their journey. Implement our Intelligent Transportation Systems technology–like Data Services, CAD/AVL, On-Vehicle Devices, Real-Time Passenger Information, and Transit Analytics–or integrate with your own hardware as required. Vix Technology is the global leader in intelligent transportation systems, automated fare collection, and transit analytics. Vix is passionate about connecting people and communities, combining an open, collaborative mindset with cutting-edge technology to make public transport more accessible and more cost effective for all.

www.vixtechnology.com

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