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

  • City of Boston employees to use car sharing services
    March 14, 2012
    Zipcar, the leading car sharing network, has announced a new partnership with the city of Boston to launch a new fleet sharing programme called FleetHub. Through this programme, the city of Boston has combined vehicles once dedicated to city departments to create an interdepartmental fleet.
    Read More
  • Stagecoach invests in AVL and fleet management
    July 8, 2013
    UK bus operator Stagecoach Group is to invest in a nationwide automatic vehicle location and real time fleet management system for its 7,000 strong regional bus fleet. The company has awarded transit and mobility solutions provider Vix Technology the contract to supply and provide on-going support of the system, which will be used to track vehicle location, monitoring and reporting progress in real time. It will provide this information to back office systems for use on bus stop displays, mobile apps and th
    Read More
  • Weigh in motion reduces road wear, increases toll revenue
    January 24, 2012
    IRD, Inc's Terry Bergan discusses future applications of weigh in motion technology. The application in recent years of Weigh In Motion (WIM) at tollgates has been driven by recognition of the fact that there is economic value, which can be levied, attached to Heavy Goods Vehicles (HGVs) which haul laden (and are therefore heavy) rather than empty. As wear and damage to road surfaces increases exponentially with weight, the targeting of HGVs in particular makes sense from both the economic and maintenance p
    Read More
  • Cubic acquires Gridsmart to expand intelligent traffic management portfolio
    January 4, 2019
    Cubic has acquired US technology company Gridsmart Technologies in an $87 million deal and will use its video tracking solution to help reduce congestion. Gridsmart’s Bell Camera offers horizon to horizon tracking with a fisheye lens for intersection actuation, data collection and situational awareness. The solution is also expected to track vehicle trajectory from approach through the centre of the intersection to exit. The acquisition will also help advance Cubic’s NextCity vision of creating a smarte
    Read More

Highlighted Content