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

  • SCCP Group's Swift mWallet challenges traditional cards
    November 20, 2013
    SCCP Group’s Swiff mWallet is challenging the traditional retail card payment model and is poised for continued growth as the market moves rapidly towards mobile payments, says the award-winning company.
    Read More
  • Level of MaaS provides step-by-step roadmap to integrated transport
    August 22, 2018
    Transportation consultant Jack Opiola considers how a ‘Levels of MaaS’ approach - along with the concept of ‘co-opetition’ and increasing public acceptance - can smooth the journey to a future with more sustainable mobility The premise of Mobility as a Service (MaaS) is simple: the seamless, infinitely adaptable delivery of mobility, together with associated information, ticketing, and payment services, across all modes of transport. All of this is in near-real time - or predictively, wirelessly, securely
    Read More
  • Securing V2X communications
    June 6, 2016
    Cybersecurity developments are moving fast in the automotive sector, but they’re a significant hurdle for the roll-out of C-ITS applications. Jon Masters reports. In the wake of the high-profile hacking of the Jeep Cherokee and problems like the flaw in the Nissan Leaf’s companion app that could compromise the security of data about recent journeys, initiatives linked to vehicle cybersecurity seem to be moving rapidly.
    Read More
  • Fixed or wireless communications?
    February 3, 2012
    Optelecom-NKF's Coen Hooghiemstra considers the play-offs and pay-offs involved when deciding whether to go for fixed or wireless communications solutions
    Read More

Highlighted Content