Starting next year, the Metropolitan Transportation Authority will begin installing electronic fare readers at hundreds of subway stations and bus stops across New York City, kicking off a laborious, multi-year effort to replace the iconic MetroCard with a more modern, high-tech way to use mass transit.
A key committee at the MTA will vote to approve a $573 million contract for a new fare payment system, which is adapted from the one in use for several years in the London Underground, The New York Times reported today. The agency hopes to have e-readers installed in 500 subway turnstiles and 600 bus stops by the end of 2018.
And if everything goes according to plan, the entire system will be updated by the end of 2020. That means...
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