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  • Friday, October 18, 2013

    FarePay goes live in Utah

    On Oct. 14, 2013, the Utah Transit Authority went live with its new reloadable prepaid FarePay transit card. The UTA said the cards are available for purchase online and at UTA customer service centers. The UTA is offering fare discounts of up to 20 percent to encourage transit riders to switch to the card.

    The UTA charges a one-time activation fee of $3 for FarePay cards and the cards can be loaded with amounts between $5 and $500. When riders register their cards online and create accounts, they can subsequently check balances and schedule automatic reloads online.

    The FarePay card is part of UTA's open fare payment system, which allows contactless, near field communication (NFC) -enabled cards to be used to pay fares on buses and trains. Riders using FarePay cards tap the cards to readers when they embark on rides, and then tap once again before they get off.

    The UTA network comprises over 600 buses and paratransit vehicles, 400 vanpools, 146 light rail vehicles, 63 commuter rail cars and 18 locomotives. In 2011, more than 41 million trips were conducted via the UTA mass transit system, the transit authority said.

    Editorial Note:

    Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.

    Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

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