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

  • Ride sharing services increase traffic, says Schaller Consulting
    August 1, 2018
    Ride sharing services such as Uber and Lyft, also called transportation network companies (TNC), are increasing congestion in US cities, says Schaller Consulting. The transport consultancy’s latest report reveals TNCs add 2.6 new vehicle miles on the road for each mile of personal driving removed, increasing driving on city streets by 160%. Called The New Automobility: Lyft, Uber and the Future of American Cities, the document combines research and data from a national travel survey to create a detailed
    Read More
  • Cubic demonstrates NextCity vision at ITS World Congress
    October 7, 2015
    Cubic Transportation Systems (CTS) is using the ITS World Congress in Bordeaux to demonstrate its expertise in public transport and traffic management systems. The company will show its NextCity core capabilities including traffic management, predictive analytics, real-time passenger information and revenue management, along with its next generation of integrated traffic management to enhance road-user safety and efficient operations through informed decision-making for both authorities and drivers. A
    Read More
  • Making ITS connections requires leadership
    January 23, 2020
    From making the commute more bearable to saving the planet, Jim Alfred of BlackBerry Certicom believes that ITS has the capacity to drive a range of transformational opportunities – but leadership is required, he warns
    Read More
  • Indra technology to manage Medellín’s traffic and public transportation
    August 15, 2012
    Spain-headquartered Indra has become the technological leader for Medellín's traffic and transportation systems after being awarded two contracts valued at just over US$11 million. The first contract, awarded by the Medellín Subway, will allow the city to have an intermodal public transportation system that is unique in Colombia and will facilitate the management and the combined use of the subway and buses.
    Read More

Highlighted Content