SAN DIEGO, Aug. 21, 2017 /PRNewswire/ -- Cubic
Transportation Systems (CTS), a business unit of Cubic Corporation
(NYSE:CUB), today announced that the Ventra mobile app, launched in
cooperation with the Chicago Transit Authority (CTA) as well as the
suburban bus operator Pace and the commuter rail system Metra,
reached a milestone with a download of more than two million and
was used to purchase nearly $250
million in fares.
The Ventra app, developed and launched by Cubic, CTA and its
transit partners in November 2015, is
a free, first-of-its kind, truly regional transit application in
the U.S. that allows customers to plan, manage and pay for their
journeys across three transit systems from their mobile devices.
The app offers riders a wide range of functionality, including the
ability to add transit value, set up auto-load features, check
balance, see transit purchase and travel history, as well as
benefit from real-time notifications. The Ventra app reached one
million downloads in October
2016.
"The fact that the Ventra app has been downloaded more than two
million times in less than two years demonstrates why CTA is
leveraging technology to improve the transit experience for our
customers," said Dorval R. Carter,
Jr., president of CTA. "By making transit easier to pay for
and more convenient to use, we help encourage people to take
advantage of great public transit in the Chicago area."
"At the time of the launch, the Ventra app was the first transit
app in the U.S. allowing customers to pay for rides on multiple
transit systems. With that, we hoped it would not only become a
useful and convenient tool for commuters but also help people
better engage with city transit overall," said Matt Cole, president of Cubic Transportation
Systems. "Today's milestone shows there's a growing appetite
for integrated, 'one-stop-shop' transportation solutions that put
customers at the heart of public transit services. We're incredibly
pleased our technology can play a central role in improving public
transport in Chicago and
beyond."
The app followed the implementation of the Ventra fare payment
system, which Cubic and CTA developed and launched in 2013, in what
was Cubic's first large-scale deployment of the 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 including Apple Pay, Android Pay
or Samsung Pay. Ventra also gives customers the ability to fund and
manage their account online through a dedicated Ventra website,
where they can take advantage of discounted fare products.
The free Ventra app – for which the CTA won the 2016
Innovation Award from the American Public Transportation
Association – is available for download and use on Apple and
Android smartphones and tablet devices via www.ventrachicago.com,
the App Store and Google Play.
About Cubic Corporation
Cubic Corporation designs, integrates and operates systems,
products and services focused in the transportation, defense
training and secure communications markets. Cubic Transportation
Systems is a leading integrator of payment and information
technology and services to create intelligent travel solutions for
transportation authorities and operators. Cubic Global Defense is a
leading provider of live, virtual, constructive and game-based
training solutions, special operations and intelligence for the
U.S. and allied forces. Cubic Mission Solutions provides networked
Command, Control, Communications, Computers, Intelligence,
Surveillance and Reconnaissance (C4ISR) capabilities for defense,
intelligence, security and commercial missions. For more
information about Cubic, please visit the company's website
at www.cubic.com or on
Twitter @CubicCorp.
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SOURCE Cubic Corporation