Cubic’s Ventra system achieves one billion transactions in Chicago

Cubic Transportation Systems’ (CTS) Ventra, the account-based open payment system launched in 2013 for the Chicago Transit Authority (CTA) and suburban bus operator Pace, has processed more than one billion account-based journeys. CTA, with daily ridership of 1.6 million journeys, is the first major transit system in North America to implement account-based open payment and is Cubic’s first large-scale deployment of its NextAccount technology. Ventra supports both account-based processing through an a
May 19, 2016 Read time: 1 min
378 Cubic Transportation Systems’ (CTS) Ventra, the account-based open payment system launched in 2013 for the Chicago Transit Authority (CTA) and suburban bus operator Pace, has processed more than one billion account-based journeys.

CTA, with daily ridership of 1.6 million journeys, is the first major transit system in North America to implement account-based open payment and is Cubic’s first large-scale deployment of its NextAccount technology.

Ventra supports both account-based processing through an agency-issued smart card, as well as open payment which enables customers to ‘pay as you go’ with bank cards they already have or through mobile payment platforms.

Ventra moves passenger data and stored value from the card to the back office, along with fare policy, products and pricing, making it easier for agencies to manage changes and creating greater security and convenience for customers.

For more information on companies in this article

Related Content

  • All-electronic toll collection success in Denver
    January 30, 2012
    Teri England, Diamond Consulting Services Ltd, describes the E-470's switchover to all-electronic toll collection. In June 2007, the E-470 Public Highway Authority made the business decision to transition to an All-Electronic Toll Collection (AETC) system - in other words, become a cashless road.
    Read More
  • ITS innovations – a change for the better?
    May 5, 2016
    Josef Czako takes a look at what the future developments may hold for both the transport sector and society. As the dust of the 2015 World Congress in Bordeaux settles, we can begin to see more clearly some of the most important future innovations in ITS are starting to be linked together: mobility as a service (MaaS), mobility pricing and autonomous vehicles. They all are based on global trends, like digitalisation, automation and servitisation.
    Read More
  • Greek chorus welcomes contactless payment on Athens metro
    January 22, 2025
    Buses, trolleybuses, metro and trams join airport express in Tap2ride programme
    Read More
  • Eurosmart says hyper-connected era about to begin
    November 3, 2014
    A new, ‘hyper-connected’ era will bring a wealth of benefits in the next five years, says Brussels-based Smart Security industry body Eurosmart - but it will also pose security and privacy challenges to which the industry can rise. According to its Vision 2020 report, there is no sign of the strong demand for smart devices and cards slowing in 2015.
    Read More

Highlighted Content