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Tuesday, September 27, 2011

TRANSIT FARE BREAKTHROUGHS!

CAMDEN, NJ--(Marketwire - Sep 27, 2011) - PATCO and Cubic Transportation Systems, the transportation segment of Cubic Corporation (NYSE: CUB), have partnered to provide Philadelphia/New Jersey region commuters with the first transit-branded, contactless Visa® prepaid card in the world. The new PATCO Wave & Pay ANYWHERE Visa® Prepaid Card began a 12-month pilot program on September 26. This marks the first time that consumers will be able to use the same transit payment card for both transit and retail purchases. 

Cubic Partners With PATCO to Offer Riders the World's First Transit Agency-Branded Contactless Visa(R) Prepaid Card for Transit and Retail

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