Cubic Wins Contract for Trial of Open Loop Payment Fare Ticketing in Sydney, Australia

Cubic, a company that designs, integrates and operates systems, products and services that provide situational awareness, said Friday that it has received a contract worth $7.6 million, or AUD10.2 million, from Transport for New South Wales to deliver a trial of an open loop payments ticketing technology to Sydney, Australia.

The trial, to begin in 2017, will allow Sydney commuters of participating payment schemes to tap their contactless bankcard directly on Opal readers at the trial site to pay for travel.

As part of Cubic’s technology delivery to Sydney, the Opal smart card ticketing system, which completed its rollout across all modes in late 2014 ahead of schedule and within budget, was intentionally “future-proofed” to enable the new open loop payments technology to be added-on once it had been proved in major world markets.

Leave a Comment