Tuesday, April 9, 2013
The Chicago Tribune reported that at an April 1 hearing state legislators peppered Forrest Claypool, President of the CTA, about concerns that the MasterCard Worldwide-branded Ventra card would charge cardholders excessive fees. Lawmakers reportedly expressed concern that the GPR transit card would be used more as a revenue generating tool for the CTA rather than as a low-cost service for Chicago transit riders.
On the website dedicated to the Ventra card (www.ventrachicago.com ), potential fees include:
On its website, the CTA said the Ventra card will make its debut in summer 2013, when the agency will begin transitioning its fare payment system to an open, contactless system and phasing out magnetic stripe-based cards, which are expected to be completely decommissioned by early 2014. "You can expect an extensive campaign to educate people about the new system," the agency noted.
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