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. Cubic Transportation Systems (CTS) is the leading integrator of payment and information solutions and related services for intelligent travel applications. CTS is uniquely positioned to address congestion with cutting-edge revenue management, traffic management and road user charging solutions, delivering smarter mobility for cities and their citizens. 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
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Cubic Corporation
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Cubic Transportation Systems and Google collaborate to simplify how travelers pay for their journeys in major metropolitan areas
SAN DIEGO – Oct. 14, 2019 – Cubic Corporation (NYSE: CUB) today announced its Cubic Transportation Systems (CTS) business division signed an agreement with Google to integrate contactless transit cards with Google Pay, making it fast and easy for travelers to use their mobile phones to pay for their journeys. The collaboration also provides transit agencies using Cubic’s world-leading revenue management systems with the full benefit of Google’s user experiences to increase convenience and encourage ridership. The rollout of this technology will open the door for further enhancement of the contactless payment technology already available in cities such as London, New York and Miami.
“Today’s travelers seek more choices, flexibility and personalization – which is why we strive to develop innovative mobile transit payment solutions to enable seamless and convenient travel experiences,” said Bradley H. Feldmann, chairman, president and chief executive officer, Cubic Corporation. “In addition to the traveler benefits our agreement will provide, we are proud to offer a solution that will reduce costs, as well as increase efficiencies and ridership for transit agencies.”
Cubic’s mobile platform provides travelers with new tools to manage their transit cards and enhance their journey. Passengers can add transit cards to Google Pay, securely reload funds and purchase tickets directly from their mobile device – eliminating the need for a physical transit card. The technology provides a ‘one-stop shop’ for travelers to access real-time schedules for trip planning, a simplified way to purchase and select the right fare as well as real-time notifications and alerts.
“Working with Cubic will help us simplify the commute for Google Pay users in several major transit systems – including support for Clipper cards in the San Francisco Bay Area,” said Ambarish Kenghe, director of product management for Google Pay. “Ultimately, our goal is to make riding public transit seamless and convenient for as many people as we can.”
“We are very excited to work with Google to provide travelers with a simple and easy way to pay for transit fares with the devices they already rely on and use every day,” said Matt Cole, president of Cubic Transportation Systems. “We are pleased to leverage our industry-leading payment and information solutions as well as Google Pay’s seamless platform to enhance how people move within their cities.”
Google Pay will benefit daily and occasional commuters by offering more flexibility in payment options. To use Google Pay on public transit, riders just need to hold their Android phone at the turnstiles, with no need to open the app or unlock their device.
“This collaboration between Google and Cubic will help us build on the success we’ve seen so far with contactless payments here in New York,” said Al Putre, executive director of One Metro New York (OMNY) Fare Payment Program. “We want to do everything we can to make sure our riders have the best options available and the MTA welcomes this kind of innovative ticketing solution.”
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