Cubic Taps MasterPass For Mobile Travel Ticketing App

MasterCard is partnering with mobile ticketing and “intelligent travel solutions” provider Cubic Transportation Systems to stitch payments and retail offers

Source: www.pymnts.com

MasterCard is partnering with mobile ticketing and “intelligent travel solutions” provider Cubic Transportation Systems to stitch payments and retail offers into Cubic’s public transit ticketing and trip-planning app, the companies announced at Mobile World Congress.

The deal, which builds on work MasterCard and Cubic are already doing with the Chicago and London transit systems, is intended to carve away at the $200 billion in city transit fares that are paid in cash. It’s also designed to simplify transit use for riders, who will be able to use the same app in multiple cities around the world, the companies said.