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Transit agencies, including NJ Transit and Utah Transit Authority, believe that contactless payment systems will help them more accurately plan routes and set fare prices.
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The new GFI Odyssey “talking” fareboxes will accept more payment options, including cash, Metro tokens, and transfers, and offer improved ridership reporting capabilities.
Read More →Google’s new free app allows riders to use their smart phones to make “tap and pay” transactions to pay their fares.
Read More →Riders can now simply wave or tap their credit or debit cards on twice as many bus routes, including buses traveling to different zones in the system.
Read More →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.
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One of the benefits of letting riders pay fares using a smart card-based bank card is it allows the transit agency get out of the ticket business. However, costs are still a problem due to transaction fees charged by the banks offering them.
Read More →Riders will soon be able to pay for travel on trains, buses and trolleys using bank cards, mobile devices, and other emerging “smart” technologies. The board authorized a loan commitment agreement that will provide up to $175M in funding for the project and related improvements.
Read More →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.
Read More →The base contract for $84 million includes the design, build and installation of the system, which will include new faregates, to be delivered by 2013. The contract includes a 10-year services contract valued at approximately $13 million per year as well as an option for five additional years of services.
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Seeking a fare system designed to process payments directly at the gate using technology like contactless, chip-enabled debit and credit cards, which banks are already distributing to customers; federal identification cards; or smart phones equipped with near-field communication capability; as well as existing SmarTrip cards, according to the agency.
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