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

  • Sanef awarded major Dartford Crossing toll contract
    October 7, 2013
    The UK Highways Agency has awarded the US$589 million contract for the design, implementation, delivery and operation of the new free-flow charging system to sanef. The seven-year deal includes the opportunity to extend up to a further three years. New technology will allow drivers to use the crossing without having to stop at the barriers to hand over payment. Road users will be able to pay through a variety of methods including telephone, text, online and at retail outlets. Pre-paid accounts which qual
    Read More
  • Covid-19 cleared the air: ITS can keep it clean
    July 31, 2020
    Covid-19 has created cleaner air: ITS can help keep it that way – but it’s not going to be straightforward, as Graham Anderson discovers
    Read More
  • Smart shopping and the payment revolution at CARTES 2013
    October 29, 2013
    Changes to the retail world over the next ten years could be even more important than those during the internet revolution of the 2000s – so how will payments and cards fare in this new environment? Answers will be found at one of the big attractions at CARTES 2013 – the Smart Shopping area. This zone, designed in partnership with independent consultant ADN’co, brings together the most significant innovations in the payment and retail industries, displayed as customer journeys renewed by new technologie
    Read More
  • Kapsch TrafficCom to provide mobile ticketing system for MARTA transit system
    July 6, 2017
    Kapsch TrafficCom has been awarded a contract to design, develop, implement, support and maintain a turnkey regional mobile ticketing system (MTS) by the Metropolitan Atlanta Rapid Transit Authority (MARTA).
    Read More

Highlighted Content