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

  • New EV chargers from ABB
    April 12, 2013
    Switzerland based ABB has launched the Terra SmartConnect (SC) fast chargers for electric vehicles (EV) in North America. Terra SC will be available with support for the CHAdeMO fast-charging standard, with SAE/combined charging system and will be made available in the Americas in second quarter of 2013. According to the company, the Terra SC can fully charge an electric car in thirty to 120 minutes and charge the battery of currently available EVs from 30 per cent to 80 per cent in about half an hour. The
    Read More
  • SCATS study shows significant savings
    December 16, 2013
    Australian study quantifies the benefits of SCATS to the motorists, the environment and the economy. Opportunity weekday cost savings potential of some AUD16 million (US$15.2 million) has emerged from rigorous analysis of a one-day study of Australia’s Sydney Coordinated Adaptive Traffic System (SCATS) in operation. This represents 27% of the total cost of a real alternative semi-adaptive traffic control. The estimated indicative annual weekday-based value is AUD3,900 million (US$3,705 million) or 0.9% of t
    Read More
  • Octopus to deploy China transit pay card 
    April 26, 2021
    Contactless solution will be available to transport users in 300 cities in mainland China
    Read More
  • Parking operators need to learn from Uber
    November 6, 2019
    For parking operators' customers, end of journey may just be start of frustration
    Read More

Highlighted Content