Cubic Transportation Systems (CTS), a business unit of Cubic Corporation, received a USD 4.8 million contract modification from the Maryland Transit Administration (MTA) to conduct a major upgrade to its Automatic Fare Collection (AFC) system and setting the foundation for new features and functionality.
The upgraded system will provide the MTA with the opportunity to accept new payment methods, such as mobile payments. It will also add new features, including a new customer web portal and an integration path with third-party transport services in the future.
To date, Cubic provided software maintenance and technical support for the AFC system. Under the contract modification, CTS will perform a software update, upgrading AFC from Cubic’s NextFareTM 4.0 revenue management system, to NextFare 7. The cloud-based platform will replace all the key functionality currently provided by the existing scheme and offer a number of advanced features, such as payment card industry (PCI) compliant payment application for processing credit and debit transactions; support of enhanced fare policy; and enhanced reporting and analytics, as well as allow the MTA to monitor the conditions of fare collection equipment, so that repairs can be made quickly and efficiently, without much impact on customer service.
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