Cubic presents benefits of contactless payment at Transport Ticketing conference

helsinki transportCubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE:CUB), has announced that John Hill, senior account director for the city of London, CTS, will speak about the growing usage and success of contactless bankcard payments at the 9th Transport Ticketing Global conference.

Transport Ticketing is the world’s largest public transport gathering, bringing together key industry players from the intelligent ticketing, passenger and smart cities industries. The conference will be held at the iconic Old Billingsgate Market, London, United Kingdom from January 24 – 25.

Contactless allows users to just tap and go, without the need for smart cards or top-up. The London system processes more than three million contactless taps per day. With contactless, transport agencies benefit from reduced operational costs and increased customer satisfaction. During his presentation, Hill will provide insights into the adoption of contactless bankcard payments based on data analysis from the London system over the past 12 months. He will also address the payment system as part of a wider ticketing strategy, as well as the technology, lessons learned and challenges.

In addition, Cubic will exhibit other payment technologies at Stand #A26. Experts will be on hand to share how transport agencies are leveraging Cubic’s One Account vision to manage demand effectively, reduce fare collection costs and open new revenue streams. One Account is driven by Cubic’s industry-leading back office, integrating account-based ticketing, closed-loop smart cards and open-loop bankcard payments on a single, cloud-based and open platform.

Tags: , ,

Categories: Ticketing

CONNECT with Contactless Intelligence

Connect with us here

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: