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The extended contract period is from Nov. 2019 to Nov. 2024, and is valued at approximately $25 million per year.
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Estimates suggest that up to $24 million in uncollected fare could be recovered through a ticket-checking modernization initiative and other tactics.
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Hop Fastpass is a fully integrated open payments e-fare system that can accept regular contactless fare media (Hop cards) and will accept contactless credit or debit card payments.
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Now customers can pay their fare, plan a trip, and track their bus or streetcar, all in one easy-to-use app.
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Many of the system’s existing fare vending machines are more than 15 years old and only accept cash and coin. The new machines will allow passengers to pay with credit, debit, and Connect Card — the region’s new transit smart card.
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The service is now live across the cities’ 17 lines, which account for more than $100 million in fare revenue per year.
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The 15-year contract that will move the three cities from a cash and paper-based ticketing system to a common contactless fare payment system utilizing an account-based back office.
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Powered by moovel North America, the new app will allow bus and VIAtrans patrons to purchase fares using their smartphone, and activate them when they are ready to ride.
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Named Outstanding Public Transportation System for 2017, the TTC last won the award in 1986.
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The SDK allows Masabi’s strategic partner Keolis to incorporate mobile ticketing into existing travel information, booking, and planning apps, greatly improving the travel experience in these cities.
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