NFC TIMES EXCLUSIVE Insight – The Massachusetts Bay Transportation Authority, or MBTA, in Boston plans to completely do away with cash fare payments on its various transport modes when it rolls out its massive new fare-collection system, an MBTA official told attendees during a recent virtual conference.
Nealay Vasavda, MBTA’s technical lead for policy implementation, emphasized the move to cashless payments as he and a colleague talked about the benefits of the planned account-based ticketing system during the Transport Ticketing Digital event this month. U.S.-based Cubic Transportation System is building the system, which will cost nearly $1 billion, an amount that includes 10 years of operational costs. The project, which has been delayed, is now scheduled to be fully rolled out by 2024, as NFC Times has reported.
The system will enable open-loop contactless payments and expand MBTA’s closed-loop CharlieCard program. The authority will also accept payments from both open- and closed-loop cards on smartphones, as well as other devices, including wearables–across all of the transport modes that MBTA oversees: subway, bus, commuter rail and ferry.