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Fare Capping: A Formula for Fairer Fares

Fare capping is a growing trend in transit because it is a win-win for agencies and riders. Single fares paid by riders are “capped” when they reach the cost of an unlimited-ride pass. Riders who can’t afford the hefty upfront cost of a pass no longer end up paying more overall. It also benefits transit agencies by incentivizing riders to switch to mobile or card payment options, reducing overhead associated with cash handling.

But New York is late to the party. The MTA has not committed to fare capping when it rolls out its new payment technology and increases fares next year. Join TransitCenter to learn about the benefits of fare capping firsthand from Transport for London, one of the first transit agencies in the world to implement the policy, and New York City transit advocates on why our riders need fare capping now.

Panelists:

Andy Shaw, Senior Product Manager – Payments, Transport for London

Nick Sifuentes, Executive Director,
Tri-State Transportation Campaign

Jaqi Cohen, Campaign Coordinator,
Straphangers Campaign, New York Public Interest Research Group

Moderated by:

Colin Wright, Advocacy Associate,
TransitCenter

Doors open at 6:00pm, Program begins at 6:30pm











When: Wed., Nov. 14, 2018 at 6:30 pm - 8:00 pm
Where: TransitCenter
One Whitehall St., 17th Floor
646-395-9555
Price: Free, RSVP required
Buy tickets/get more info now
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Fare capping is a growing trend in transit because it is a win-win for agencies and riders. Single fares paid by riders are “capped” when they reach the cost of an unlimited-ride pass. Riders who can’t afford the hefty upfront cost of a pass no longer end up paying more overall. It also benefits transit agencies by incentivizing riders to switch to mobile or card payment options, reducing overhead associated with cash handling.

But New York is late to the party. The MTA has not committed to fare capping when it rolls out its new payment technology and increases fares next year. Join TransitCenter to learn about the benefits of fare capping firsthand from Transport for London, one of the first transit agencies in the world to implement the policy, and New York City transit advocates on why our riders need fare capping now.

Panelists:

Andy Shaw, Senior Product Manager – Payments, Transport for London

Nick Sifuentes, Executive Director,
Tri-State Transportation Campaign

Jaqi Cohen, Campaign Coordinator,
Straphangers Campaign, New York Public Interest Research Group

Moderated by:

Colin Wright, Advocacy Associate,
TransitCenter

Doors open at 6:00pm, Program begins at 6:30pm

Buy tickets/get more info now