Cubic Partners with InComm to Deliver Nationwide Network of Stored Value Reloads for Transit Agencies
June 22 2020 - 07:02AM
Business Wire
Cubic Transportation Systems enhances TouchPass
electronic fare collection solution with the integration of
InComm’s retail network
Cubic Corporation (NYSE:CUB) today announced its Cubic
Transportation Systems (CTS) business division is partnering with
InComm, a leading payments technology company, to provide a
nationwide network of stored value reloads for transit agencies.
Through this partnership, all transit agencies utilizing Cubic’s
TouchPass solution will be able to leverage InComm’s retail network
to establish a broad, fare product sales program in their service
area that includes national and regional chain stores as well as
local merchants, while avoiding all the headaches of creating,
managing and servicing the program.
The integration of TouchPass with InComm’s retail network gives
travelers the ability to use cash and other forms of payment to
purchase stored value to pay for public transit at tens of
thousands of retail locations throughout the United States. It will
also give unbanked or underbanked transit riders the opportunity to
take advantage of the full benefits of the TouchPass system,
including fare capping, without the need for a credit or debit
card.
“We are very pleased to collaborate with InComm to improve the
operations of transit agencies of all sizes and in turn, create
more convenient travel experiences for transit riders,” said Doug
Thomas, product unit vice president, Cubic Transportation Systems.
“The integration of InComm’s retail network further enhances our
robust solution and gives agencies using TouchPass another
convenient feature without requiring additional agency
resources.”
Cubic’s TouchPass is a full-featured electronic fare collection
solution provided as a service for transit agencies of every size.
Built for online, real-time fare payment processing, TouchPass
offers online and mobile transit account management and fare
product purchasing as well as fare payments functions using a
variety of fare media.
“The InComm retail network was designed to provide our clients
and their customers with instant access to over 55,000 retail
locations across the U.S.,” said Michael Herold, vice president of
business development, InComm. “For public transportation agencies,
it is an ideal way to supplement their Title VI inclusivity
programs, ensuring broad, local and convenient access for
passengers to add value to their TouchPass accounts.”
The integration of InComm’s retail network gives transit
agencies the ability to offer more convenience for their
cash-preferred travelers. By signing up to use the service, transit
agencies can give passengers convenient access to locations near
their homes and workplaces where they can add stored value to their
transit accounts for use on public transportation.
About Cubic Corporation
Cubic is a technology-driven, market-leading provider of
integrated solutions that increase situational understanding for
transportation, defense C4ISR and training customers worldwide to
decrease urban congestion and improve the militaries’ effectiveness
and operational readiness. Our teams innovate to make a positive
difference in people’s lives. We simplify their daily journeys. We
promote mission success and safety for those who serve their
nation. For more information about Cubic, please visit
www.cubic.com or on Twitter @CubicCorp.
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Crystal Nguyen Corporate Communications Cubic Corporation PH:
858-505-2593 Crystal.Nguyen@cubic.com
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