SEPTA will pay $230 million for new Key card system

SEPTA to spend $211 million on new fare collection | new payment system to be complete by 2029
SEPTA approved over $200 million contract for a new payment system. The next-generation system called SEPTA Key 2.0 will be designed and installed by Cubic Transportation Systems. It will be used to collect fares on SEPTA’s buses,
SEPTA will pay $230 million for new Key card system after years of glitches on the old one
SEPTA’s board on Thursday approved spending up to $230 million for a new company to update its electronic fare-collection system despite concerns about the cost and the risks of switching as Philadelphia hosts the World Cup and other big events next year.
SEPTA to spend $211 million on new fare payment system that uses virtual Key cards
SEPTA Key 2.0 is a "next-generation system" that will allow riders to pay with virtual Key cards rather than the physical cards the current system uses. SEPTA also began accepting contactless payments through credit cards and smartphone apps in 2023. The SEPTA Key website, mobile app and call center will be upgraded, too.
Key 2.0: SEPTA to spend $230M on replacing electronic fare-collection system
The transit agency plans to phase in the new system to avoid any disruptions during the World Cup games and the celebration of the nation's 250th birthday next year.
SEPTA to spend $211M on new fare collection system
The existing SEPTA Key system is rapidly becoming obsolete. The replacement system will be able to handle a new generation of cashless technology.
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