Ohio Transit Agency Expects Significant Revenue Loss as It Builds Equity with Fare Capping
The Central Ohio Transit Authority, or COTA, officially launched its new digital-payments service Monday, including a fare-capping feature that the agency estimates will cost it $1.8 million per year in lost fare revenue, the agency confirmed to Mobility Payments.
U.S. Transit Agency Eliminates Cash Acceptance on Board Its Vehicles as Planned
In the run-up to the elimination of cash fares on board its fixed-route buses and trolleybuses today, the Greater Dayton RTA had reduced cash payments to less than 10% of all trips, while 92% of the trips were paid for with digital payments–either contactless closed-loop cards or mobile ticketing, the agency told Mobility Payments.
While Interest is Growing in Going Cashless in U.S., Few Agencies have Accomplished the Feat So Far
The Greater Dayton RTA, which this month stopped accepting paper passes and tickets, will hit its Nov. 1 deadline to go completely cashless on board its vehicles, an agency representative confirmed to Mobility Payments.
Case Study: Ohio Transit Agency Nears Goal of Ridding Vehicles of Cash
(Updated case study): The chief customer and business development officer for the Greater Dayton Regional Transit Authority in the U.S. told Mobility Payments that a phased approach in rolling out electronic payments and quick customer adoption has enabled the agency to get close to its goal of eliminating cash on board its vehicles.