Article Highlights

Key Takeaway:

While Houston Metro, a large public bus agency in the U.S., plans to introduce open-loop payments as part of an account-based ticketing system now being built for it, the agency has no plans to phase out cash acceptance on board its more than 1,200 buses, a spokeswoman confirmed to Mobility Payments.

Key Data:

At a board Administration Committee meeting March 16, a Metro staffer said the estimated costs for the fareboxes and TVMs had increased by 30% in the two years since the original contract with INIT was approved. “Like a lot of others, they’ve got supply-chain issues. So this is a pretty sizable increase,” she said.

Organizations Mentioned:

• Houston Metro
• INIT

While Houston Metro, a large public bus agency in the U.S., plans to introduce open-loop payments as part of an account-based ticketing system now being built for it, the agency has no plans to phase out cash acceptance on board its more than 1,200 buses, a spokeswoman confirmed to Mobility Payments.

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