Open-Loop Tap Payment and Mobile Fare Payment Implementation

A recent meeting document Franklin Transit Authority - Agenda Packet - 2026-06-02 indicates a future potential acquisition The plan calls for the launch of mobile fare payment in 2027 and the implementation of open-loop tap payment technology in 2029. This will require the procurement of payment processing technology, integration with existing fare systems, and potentially new hardware for vehicles and fareboxes. The estimated cost for open-loop payment is $54,000, with additional costs for mobile fare payment and integration. These procurements will likely be bundled with other technology upgrades and may involve partnerships with regional transit agencies.