The transportation segment of Cubic Corp. introduced the Mobile Ticketing Machine (MTM), an on-vehicle transit ticketing system that issues bus riders paper transfers and processes contactless smart cards. The MTM, an enhancement of Cubic's one-stop on-bus processing suite, allows for faster boarding times and keeps distractions to a minimum for bus drivers. The system also reduces transfer fraud and eliminates the cost of pre-printed transfers; the unit prints transfers on demand at the point of service.