Thursday, March 10, 2011

SEPTA on New Technology Payment System

from the inbox:

SEPTA is inviting the public to learn about plans to modernize its fare payment and collection system, during a New Payment Technology Information Session on Friday, April 1st.

SEPTA wants customers to be part of the New Payment Technology process, starting with the April 1st forum. The session will be held on the mezzanine level of SEPTA’s Headquarters at 1234 Market Street, from 11:30 a.m. to 2 p.m. Attendees can browse displays, watch presentations and ask questions about the “open” fare system they will be using in the not-so-distant future.

The New Payment Technology initiative will fully modernize SEPTA’s fare payment and collection system. Riders will be able to pay for travel on trains, buses and trolleys using common retail methods such as bank cards, mobile devices, and other emerging “smart” technologies. It also means a move away from outdated fare instruments such as tokens and paper transfers.

A contract for the “Smart Card” initiative – the major New Payment Technology project – is expected to be awarded by early summer. The fare modernization-related work is expected to be completed in about three years.

Information about the New Payment Technology Information Session is available on SEPTA’s Website, www.septa.org.

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