Article Highlights

Key Takeaway:

Cubic is revamping its SaaS unit by introducing an open-loop overlay product and changing its pricing strategy for Umo ticketing.

Key Data:

• Table: Cubic’s new lump-sum pricing on Umo contract with CapMetro

• Document: Unredacted pricing for Cubic’s contract with CapMetro in Austin, July 2024

Organizations Mentioned:

• Cubic
• WMATA (Wash., D.C.)
• Littlepay
• CapMetro (Austin, TX)
• BC Transit
• ATM (Milan)
• ATM (Barcelona)
• MCTS (Milwaukee, WI)

Cubic Transportation Systems plans to launch its “open-payment overlay” product within 90 days, seeking to give transit agencies the potential to launch open-loop payments with low upfront costs, like the Washington (D.C.) Metropolitan Area Transit Authority is doing with another vendor, Mobility Payments has learned.

Cubic has also introduced lump-sum pricing for new Umo ticketing contracts, deeming the old pricing strategy unsustainable.

Subscription Required

CLOSE

This premium content is only available to subscribers

Article has about2508words.

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