Article Highlights

Key Takeaway:

Riders of the largest public transit operator in Canada’s biggest city, the Toronto Transit Commission, or TTC, will finally get an open-loop payments option by mid-2023. TTC-run buses, streetcars and subway will accept credit and debit cards and NFC wallets. A spokeswoman said the agency will charge the same fare for single rides with open loop as it does for customers tapping Presto closed loop cards.

Key Data:

For TransLink in Vancouver, those discounts (for closed loop) range from nearly 22% to just under 29%, depending on the zone. Most of the smaller agencies that have so far launched open loop in Toronto and vicinity do the same.

Organizations Mentioned:

TTC (Toronto)
Metrolinx (Toronto)
TransLink (Vancover)
• Interac

Riders of the largest public transit operator in Canada’s biggest city, the Toronto Transit Commission, or TTC, will finally get an open-loop payments option by mid-2023. That will include the Toronto subway, a spokeswoman for transit agency Metrolinx confirmed to Mobility Payments.

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