More Transit Agencies Seek to Eliminate Cash Using Retail Cash Points, Fintechs
In the wake of the Covid-19 pandemic, elimination of cash has taken on greater urgency for transit agencies. Fare-collection system suppliers say they are seeing strong demand for cashless options, including linking their mobile ticketing and contactless closed-loop card products to retail networks where customers can use cash.
Case Study: One U.S. Transit Agency’s Journey toward Eliminating Cash
Dayton Regional Transit Authority in the U.S. plans to eliminate cash fares by the end of the year, an agency representative told Mobility Payments, with an expanded rollout of contactless payments. That includes introducing account-based ticketing and lining up 200 cash-loading outlets in the city for customers without bank cards.
SaaS Ticketing Vendor Sees Pent Up Market Demand for Mobile Ticketing
It comes as little surprise that demand for mobile ticketing by transit agencies has soared at the same time ridership plummeted during the Covid-19 pandemic.
Cubic Makes Major Platform Play, Responding to New Competitors
U.S.-based Cubic Transportation Systems–known for building big bespoke fare-collection systems for such major cities as London, New York, Chicago and Sydney–has begun rolling out its Umo platform, targeting small to mid-tier transit agencies, in addition to its traditional customers.
A Vital New Publication for Mobility Providers
The publication will be a must-read for all mobility providers, as part of a robust and growing ecosystem.
Using Blockchain to Establish Trust among Parties to Accelerate Growth in the Mobility-as-a-Service Market
It seems that city leaders and other officials around the world are pinning their hopes on mobility-as-a-service (MaaS) to help them reduce traffic congestion, slash greenhouse gas emissions and improve mobility for the masses.
To Build a Better Post-Covid World: Master the Elusive First and Last Mile
In towns and cities around the world, people are starting to dream, plan and prepare for a new normal (whatever that means) and a post-COVID world.
Queensland ABT Project to Give Customers More Ways to Pay
A new account-based ticketing system under development for Brisbane and the Australian state of Queensland represents one of the latest rollouts of account-based ticketing, a technology expected to eventually replace most card-centric fare collection systems globally.
More Major Transit Agencies Launch Virtual Closed-Loop Cards
While the move to open-loop fare collection by transit agencies gets a lot of attention, some major agencies have been shunning the idea of accepting bank cards for fares while expanding ways their customers can pay with well-established closed-loop fare cards.
Post-Covid: Using MaaS Platforms to Ease Fears
While use of public transit is returning, it could take years before ridership returns to pre-Covid levels, if it ever does. Many customers have changed their lifestyles and won’t come back. But others who might return remain anxious about boarding buses or trains in a post-pandemic world.