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Boston Transit Agency MBTA Sees Fast Start to Open-Loop Payments Service

by Dan BalabanPosted on January 29, 2025 (March 1, 2025)Posted in Open LoopTagged MBTA

The Massachusetts Bay Transportation Authority in Boston has seen quick adoption so far of open-loop payments, with the service accounting for nearly 20% of all trips or “taps,” not counting cash, after only five months. (See table below.) Figures...

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MBTA and Cubic Launch Open-Loop Payments in Boston Under Recent Project Change Order

by Dan BalabanPosted on August 2, 2024 (August 31, 2024)Posted in Open LoopTagged MBTA

Boston’s Massachusetts Bay Transportation Authority launched the first phase of its long-delayed, nearly-billion dollar, fare project, introducing open-loop payments to riders of the subway, buses and two trolley lines Thursday. The launch came only two...

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Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

by Dan BalabanPosted on June 7, 2023 (May 25, 2024)Posted in Closed Loop, Open LoopTagged MBTA

The Massachusetts Bay Transportation Authority, or MBTA, in Boston recently approved another contract with Scheidt & Bachmann, as it seeks to extend the life of its existing fare-collection system until a delayed new fare system from Cubic Transportation...

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In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

by Dan BalabanPosted on April 23, 2025 (May 25, 2025)Posted in Open LoopTagged Editor's Choice, SacRT

The Sacramento Regional Transit District in California, which launched open-loop payments earlier this month, is enabling concessionary discounts with credit and debit cards for three categories of riders–and at least for now, cuts by the Trump...

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U.S. Transit Agency Eliminates Cash on Board Buses; One of Few Cashless Agencies Nationwide

by Dan BalabanPosted on April 1, 2025 (May 5, 2025)Posted in Mobile TicketingTagged Cashless, Masabi

Faced with the choice of replacing aging fareboxes on its bus fleet or stopping cash acceptance altogether on board the vehicles, a small regional U.S. transit agency in Colorado chose the latter–even though it had collected 40% of its fares in the...

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Transit App Introduces First-of-Its-Kind Feature Telling Users Where They Can Pay with Open Loop

by Dan BalabanPosted on March 5, 2025 (May 14, 2025)Posted in Open LoopTagged Editor's Choice, Transit app

The Transit trip-planning app has introduced a feature that tells users whether the transit agency they’re looking to ride accepts open-loop payments. The first-of-its-kind feature kicked off with a list of more than 50 transit authorities, operators and...

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Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

by Dan BalabanPosted on February 17, 2025 (April 28, 2025)Posted in Closed LoopTagged Cubic

S&P Global, a major ratings agency, has downgraded Cubic Corp.’s credit rating to CCC+ from an already low B-, warning of an "onerous debt burden" for the company that includes Cubic Transportation Systems. The primary analyst for the ratings change told...

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EasyPark Buys Flowbird to Grow Bigger in Parking Payments; Company Says It will also Invest in Flowbird Fare Business

by Dan Balaban and Sarah CohenPosted on January 29, 2025 (May 16, 2025)Posted in Mobile TicketingTagged Flowbird

EasyPark Group’s recent acquisition of competing parking-payments provider Flowbird of France seeks to help EasyPark expand to thousands of additional cities globally, as well as branching out its offer to parking-payments terminals and other hardware, a...

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Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

by Dan BalabanPosted on January 16, 2025 (March 3, 2025)Posted in Closed LoopTagged Editor's Choice, SEPTA

The proposed award of a $211 million fare-system contract for Cubic Transportation Systems is back on the agenda for a board meeting of Philadelphia transit agency SEPTA scheduled for next week, where the award is expected to gain approval. As Mobility...

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Cubic Planning Open-Loop Payments Product as Part of New Business Unit

by Dan BalabanPosted on October 9, 2024 (December 8, 2024)Posted in Open LoopTagged Cubic

Cubic Transportation Systems’ new business unit, Mobility Essentials, which will oversee the vendor’s software-as-a-service ticketing platform, Umo, will also offer an open-loop payments product that has yet to launch, Mobility Payments has learned. The...

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Search Results for: MBTA

Boston Transit Agency MBTA Sees Fast Start to Open-Loop Payments Service

MBTA and Cubic Launch Open-Loop Payments in Boston Under Recent Project Change Order

Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

U.S. Transit Agency Eliminates Cash on Board Buses; One of Few Cashless Agencies Nationwide

Transit App Introduces First-of-Its-Kind Feature Telling Users Where They Can Pay with Open Loop

Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

EasyPark Buys Flowbird to Grow Bigger in Parking Payments; Company Says It will also Invest in Flowbird Fare Business

Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

Cubic Planning Open-Loop Payments Product as Part of New Business Unit

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

Barcelona Transport Agency Sets Date for Launch of Open-Loop Payments–Two Years Late

New Zealand Taps CTO of Country’s Largest Transport Agency to Try to Get National Ticketing Project Back on Track

New Zealand Government Believed to be Replacing Head of National Ticketing Program Amid Concerns Over Project Delays

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Transport for London Expected to Reveal Winner of Major Revenue-Collection Contract within Weeks

In-Depth: Washington, D.C., Launches Open-Loop Payments on Subway with Overlay Technology; but Transit Agency Incurs Extra Costs

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency