- Author: Aaron Klein, Brookings Institute
- Date: 05/05/2023
America’s payment system is transforming as methods of transacting digitally grow. Digital transactions offer the opportunity to move money faster,…
Five different business models for mobile fare payment apps are examined, as the world of apps used by transit agencies in the United States and Canada continues to steadily grow. The TRB Transit Cooperative Research Program's TCRP Synthesis 148: Business Models for Mobile Fare Apps documents current practices and experiences of transit agencies that offer mobile fare payment applications to transit riders. The report includes case examples from six cities: Santa Monica, Denver, Austin, Chicago, Dallas, and Ontario, Canada.
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