Chicago Moves Forward with Open-Loop Transit Payment Plan

By  |  June 17, 2012
 | 

Chicago-based bus agency Pace has partnered with the CTA to move open-loop transit payments a step further, Finextra reports.

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    The Chicago Transit Board has approved plans for an Open Standards Fare System, which would allow consumers with contactless-enabled credit and debit cards to pay for their fares using regular payment cards, rather than a separate transit ticket.

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