Transport for London and Cubic scoop another major ticketing award

Cubic Transportation Systems (CTS) and Transport for London (TfL)’s contactless bankcard system have been awarded the Most Innovative Transport Project prize at the recent National Transport Awards, the seventh major award this year for Cubic and TfL’s contactless system. Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transit network – including Tube, rail, bus and tram services. Since the introduction of the contactless payment scheme, more than 180 milli
October 9, 2015 Read time: 2 mins
378 Cubic Transportation Systems (CTS) and 1466 Transport for London (TfL)’s contactless bankcard system have been awarded the Most Innovative Transport Project prize at the recent National Transport Awards, the seventh major award this year for Cubic and TfL’s contactless system.

Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transit network – including Tube, rail, bus and tram services. Since the introduction of the contactless payment scheme, more than 180 million contactless journeys have been made across the network.

Cubic played a major role in the development of the payment system, spending three years researching and developing the Tri-Reader 3 to process contactless-enabled bankcards. It is also the first reader in the transport industry certified to read Oyster cards, Integrated Transport Smartcard Organisation (ITSO) cards and Near Field Communication (NFC)-enabled devices.

“This latest win is the result from more than 30 years of research and strong partnership with TfL. The project introduced a ground-breaking technology that worked effectively from the outset and from a technical, operational and customer perspective,” said Matt Cole, president of Cubic Transportation Systems. “The technology provides a chance for a worldwide game changer to modernise the thinking about the need for tickets, and how to achieve interoperability between different public transport operators.”

The success of contactless bankcard payment is best represented by the fact that within one year of the launch, more than 20 percent of journeys are made using contactless bankcard payments every weekday. Furthermore, bankcards from 77 different countries have been used on the London system, bringing a new level of convenience for the millions of visitors who visit London each year.

For more information on companies in this article

Related Content

  • France goes wild for NFC
    November 4, 2014
    Acceptance of NFC devices is rising rapidly in France, as some of the country’s biggest companies adopt the system, says François-Xavier Godron, manager, NFC Programme for Orange France.
    Read More
  • UK government to invest in autonomous cars, low emission vehicles
    November 24, 2016
    Presenting his Autumn Statement, Chancellor Philip Hammond announced investment in transportation, including £390 million for future transport and a major new investment in the UK transport infrastructure. The £390 million investment in future technology includes: investment in testing infrastructure for driverless cars; provision of at least 550 new electric and hydrogen buses, reduce the emissions of 1,500 existing buses and support taxis to become zero emission; installation of more charging points fo
    Read More
  • Australian company to supply VMS for London Olympics
    June 4, 2012
    Bartco, a traffic management company based in Melbourne, Australia, has won a US$1.92 million contract to supply portable variable message signs (VMS) to Transport for London (TfL) for use during the Olympic Games. Some 200 signs display both directional and security advice to motorists about road conditions during the Olympics, as well as the management of special Olympic Route Network traffic lanes.
    Read More
  • Apple’s arrival on payment scene is ‘tipping point’ in e-payments, says Verifone boss
    November 4, 2014
    The new Apple Pay system will give a major boost to the contactless payment sector, industry experts believe. The benefits of such an influential name lending its weight to NFC devices are considerable, says June Yee Felix (right), president of Verifone Europe. “Apple Pay is something wonderful for our industry,”she told several hundred delegates attending the Opening Summit of CARTES SECURE CONNEXIONS 2014. “They have engaged the consumer.
    Read More

Highlighted Content