Cubic to trial open loop payment fare ticketing in Sydney, Australia

Cubic Transportation Systems (CTS) has been awarded a contract worth US$7.6 million (AU$10.2 million) from Transport for New South Wales to deliver a trial of an open loop payments ticketing technology to Sydney, Australia’s largest city. The trial, to begin in 2017, will allow Sydney commuters using participating payment schemes to tap their contactless bankcard directly on Opal readers at the trial site to pay for travel. According to Tom Walker, senior vice president and managing director of Asia
December 19, 2016 Read time: 1 min
378 Cubic Transportation Systems (CTS) has been awarded a contract worth US$7.6 million (AU$10.2 million) from Transport for New South Wales to deliver a trial of an open loop payments ticketing technology to Sydney, Australia’s largest city.

The trial, to begin in 2017, will allow Sydney commuters using participating payment schemes to tap their contactless bankcard directly on Opal readers at the trial site to pay for travel.  

According to Tom Walker, senior vice president and managing director of Asia Pacific, Cubic Transportation Systems, technology elements of both the London and Chicago systems will be incorporated in the new Sydney contactless project, leveraging the best of both combined with the Opal system.

For more information on companies in this article

Related Content

  • UK government transport innovation grants open for new bids
    December 7, 2016
    The UK government has announced a US$3 million (£2.5 million) package of transport innovation grants for companies, individuals and academics to make travelling safer, quicker and more reliable. These grants include 33 Transport Technology Research Innovation Grants (T-TRIG) worth a total of US$1 million (£833,000) awarded to early-stage science, engineering or technology innovations as well as a further round of competition for T-TRIG awards worth approximately US$834,000 (£700,000). A new Innovation Ch
    Read More
  • Australian and US cities ‘most expensive for short term parking’
    May 22, 2017
    According to the Parkopedia 2017 Global Parking Index, New York, US, and Sydney, Australia, are the most expensive cities in the world to park for two hours with an average cost of US$30, while London tops the list of the most expensive cities for monthly parking charges.
    Read More
  • Vehicle analytics market ‘to grow by 26 per cent by 2022’
    September 19, 2017
    A new market research report by MarketsandMarkets estimates that the market for vehicle analytics will grow from US$1124.1 million in 2017 to US$3637.4 million by 2022, at a Compound Annual Growth Rate (CAGR) of 26.5 per cent. According to the report, the major driving factor for this market remains advances in technologies, such as machine learning, artificial intelligence (AI) and predictive maintenance to enhance fleet management, as well as increasing use of real-time data collected from sensors and
    Read More
  • New thinking needed on the transportation front
    December 10, 2014
    Having spent his working life in transportation, Larry Yermack gives his views on today’s technology challenges. I remember it vividly; it was the late 80s, soon after I started as CFO of the Triborough Bridge and Tunnel Authority and I was standing mid-span on the deck of the Verrazano Narrows Bridge on a Friday afternoon.
    Read More

Highlighted Content