Cubic to Present Benefits of Contactless Bankcard Payment at Transport Ticketing Global Conference
January 23 2017 - 7:00AM
Business Wire
Cubic Transportation Systems to address
advances, successes and challenges in Cubic and Transport for
London’s contactless bankcard payment system
Cubic Transportation Systems (CTS), a business unit of Cubic
Corporation (NYSE:CUB), today 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.
Other product demonstrations will include:
- A single integrated reader for
contactless bankcards, smart cards and QR codes.
- Remote, secure, real-time control of
gatelines.
- Future concepts, including the gateless
gateline.
Hill will present at the following session:
- Platform One: Update on the
Contactless Journey - Review of the last 12 months in contactless
and the barriers which have been conquered and may still
existTuesday, January 24, 2:20 – 2:40 p.m. at the Old
Billingsgate Market, London, United Kingdom
In addition, Tim Roberts, Cubic’s senior sales and marketing
manager, will participate in the following panel session:
- Platform One: App based e-ticketing
vs. contactless payment cards Tuesday, January 24, 3:00 – 3:30
p.m. at the Old Billingsgate Market, London, United Kingdom
Follow Cubic Transportation Systems at @CubicTS or #NextCity to
join the conversation. To participate in the Transport Ticketing
Global buzz, use #TTGlobal.
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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version on businesswire.com: http://www.businesswire.com/news/home/20170123005047/en/
Zeno GroupDominique KingPH: +44
20-3047-2675dominique.king@zenogroup.comorCubic CorporationLaura
ChonCorporate CommunicationsPH: +1
858-505-2181laura.chon@cubic.com
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