Chicago to Follow New York's Lead in Using Smart Cards for Public Transit
Chicago Transit on Quest to Replace Cash with Contactless Credit Cards on City Buses
June 25, 2010CardRatings.com - Chicago transit officials joined their peers from New York in a quest to replace coins with credit cards on city-operated trains and buses. The Chicago Tribune reported the Chicago Transit Authority's decision to pilot multiple credit card acceptance technologies after studying potential cost savings and ridership improvements from the move.
According to the CTA's research, a cash transaction on a typical bus route requires 25 seconds. Those seconds can turn into minutes if even a handful of riders at a busy stop decide to pay with paper money. Alternatively, a credit card swipe transaction takes about two seconds, while the contactless credit card solutions currently being piloted in New York require only about a third of a second.
Even though about one in twenty Chicago transit riders pay with cash, those transactions can result in delayed routes and missed connections. CTA officials announced plans to request proposals from competing companies to launch a pilot payment program like those in other cities. Proponents of the plan believe that accepting credit cards on trains and buses can help Chicagoans get to work on time more often, while making the Windy City more tourist-friendly.
Bike Sharing Service Rolls into Chicago
Chicago B-cycle will initially launch with 100 bicycles at six B-stations around the cityJuly 27, 2010
NBC Chicago - Those who use car-sharing services like I-GO and Zipcar are already familiar with the premise: give up ownership and rent a car when you need it, by the hour or by the day.
A new venture is taking that mentality to two wheels, letting people pick up a bike when they need one and drop it off when they're done.
Chicago B-cycle will initially launch with 100 bicycles at six B-stations around the city: the John Hancock Center, Fairbanks & Grand, Daley Plaza, Buckingham Fountain, the Museum Campus and McCormick Place. Additional drop-off centers exist at North Ave. Beach, Navy Pier and Millennium Park.
B-cycle is a joint venture between Trek Bikes, Humana Health Care and the advertising agency Crispin Porter + Bogusky. Programs are already up and running in Denver and Minneapolis.
All it takes is a credit card for a day pass or a B-cycle subscription card. It will cost about $10 an hour for a temporary pass, but the membership significantly reduces the hourly rate and provides the first hour of every ride at no charge.
"Once they try it out, they love it. And people usually convert their day pass to an annual membership," said B-cycle's Deanielle Delean.The Chicago-based car-sharing service, I-GO, is hoping the program takes off.
"We're working with B-cycle to create a smart card that'll work with I-Go as well as B-cycle, so you can have one card, [for both methods of transport]," said I-GO's Sharon Feigon.Eventually, the program hopes to expand from downtown Chicago into the city's neighborhoods. But Chicago's famously bike-friendly mayor said Tuesday that there are still some details which need to be worked out.
"You know we have a very active legal system," said Mayor Richard Daley. "We have to be very careful of legal liability at all times and that is one of the most serious obstacles you have to overcome."Still, he said the bike-sharing service would be a good compliment to the 34 new miles of bike lanes and 2,000 new bike racks the city plans to add this year.
B-cycle will be available through October and again in the spring.
London to launch smart card-based bike sharing program
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