Management & Operations

TfL, Cubic sign deal to license contactless ticketing system

Posted on July 14, 2016

TfL
TfL

Transport for London (TfL) has announced its contactless ticketing system is set to be used by other major cities across the globe as part of a deal worth up to $19 million, which will be used to help deliver a fares freeze that the Mayor of London, Sadiq Khan has announced across TfL services for the next four years.
TfL signed a deal with Cubic Transportation Systems (CTS) allowing them to adapt the capital's contactless ticketing system worldwide. It is the first of a number of planned agreements to sell TfL's expertise both at home and abroad — a key manifesto commitment for the Mayor.

The licence will grant CTS access to London's contactless system, allowing it to be specifically tailored for other world cities' transport systems.

TfL and CTS have a long-running partnership, having worked together to introduce the Oyster card system in 2003 as well as working together with the UK card industry to make TfL the first public transport provider in the world to accept contactless payment cards. The contactless payment system was first launched on London's buses in December 2012 and expanded to cover Tube and rail services in London in September 2014.

Since then, more than 500 million journeys have been made by more than 12 million unique credit and debit cards from 90 different countries, as well as using contactless-enabled mobile devices. Around one in 10 contactless transactions in the UK are made on TfL's network, making it one of the largest contactless merchants worldwide.

Outside London, CTS also provides smartcard ticketing technology to a number of world cities, including Sydney, Brisbane, Vancouver and Chicago. This new non-exclusive agreement will also enable them to combine the best features from the London and other Cubic systems and make them available to other cities across the globe.


View comments or post a comment on this story. (0 Comments)

More News

Chicago Transit Authority to triple digital advertising network

New contract will generate up to $247.5M in revenues for agency over next five years.

DeMartino steps down as CEO of San Joaquin RTD

Has accepted the position of managing director of rail agency that manages Amtrak's Pacific Surfliner intercity passenger rail service.

Public transit ridership up for third quarter of 2019: APTA

This includes a rise of 5.46% for heavy rail, 4.38% for commuter rail systems, and 0.59% for all bus systems.

InfraStrategies LLC adds principal consultant to team

Sophie Guiny joins the team as an exceptionally accomplished transportation infrastructure funding and financing expert and will be based in the Washington, D.C. office.

MTS delivers $1B in annual value to San Diego region, report finds

The report concludes that every dollar of public investment returns $2.82 in the form of jobs, infrastructure investment, productivity gains, environmental benefits, and money saved by riders.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation