The Estimated Cost To Upgrade New York City’s Fare Collection System Was $640 Million Dollars.
A Press Release Describes Updates Made to the One Metro New York System.
Made Public Date
09/16/2021
New York, United States
New York,
United States
Identifier
2021-SC00492
The Metropolitan Transportation Authority (MTA) in New York City is undertaking an ambitious project to upgrade its fare collection system called One Metro New York (OMNY). The OMNY system deploys both open-loop and contactless fare payment technologies throughout the MTA system which is substantial improvement upon old fare collection technology.
The MTA reported that the total cost of this upgrade was $640 million dollars as of 2020.
OMNY: New York MTA’s New Contactless Payment Platform
OMNY: New York MTA’s New Contactless Payment Platform
Source Publication Date
10/01/2020
Publisher
American Public Transit Association
System Cost
Upgrade to open-loop and contactless fare payment system: $640 million (2020)
System Cost Subsystem
