Dreamstime

Article Highlights

Key Takeaway:

MBTA plans to rid its fare-collection system of cash. The expensive overhaul of the fare-collection system, which will introduce open-loop payments, an enhanced closed-loop service and account-based ticketing, is not scheduled to be completed until 2024.

Key Data:

U.S.-based Cubic Transportation Systems is building the system, which will cost nearly $1 billion, an amount that includes 10 years of operational costs. The project, which has been delayed, is now scheduled to be fully rolled out by 2024.

Organizations Mentioned:

• MBTA
• Cubic

The Massachusetts Bay Transportation Authority, or MBTA, in Boston plans to completely do away with cash fare payments on its various transport modes when it rolls out its massive new fare collection system.

Subscription Required

CLOSE

This premium content is only available to subscribers

Article has about743words.

To keep reading, subscribe today

Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.

Subscription Options

Already a member? Log in here