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October 2008
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The End of the Adult TTC Ticket

As of September 29th adult tickets were no longer valid on the TTC, one must now either pay the cash fair of $2.75  or purchase tokens in quantities of 4, 5, 8  or 10 for $2.25 (it depends if you buy them from a machine or a vender).

The TTC decided to abolish tickets because of fraudulant copies being produced and used across the city. It was estimated to cost the TTC somewhere between $3 and $4 million per year.

In 2007 a similar scheme was implemented for the old, plain tokens. The new two tone tocken was implemented in 2006 and customers had until the end of February 2007 to use their old tokens. When all the old tokens were rounded together it was estimated that approximately 30% were counterfeit.

How long until the current token can be copied easily and costs the TTC millions of dollars a year?

When the decision was made to abolish tickets my worry was that individuals would only be able to purchase tokens at Subway locations. I just spoke with a representative from the TTC and that is not the case. I was assured that the 1200 locations that previously sold tickets would continue to sell tokens.

With approximately 1.5million people using the TTC every day it is the third in terms of system demand each day. Hopefully these news schemes can minimize counterfeit losses and the TTC can continue to operate at current prices or even lower fare costs.

Comments

Comment from Romaine
Time October 29, 2008 at 2:19 pm

People should read this.