Information on
Fare Policy Changes: PRESTO Tickets
at this
link.
This report recommends four fare policies which will support the transition to PRESTO.
The first establishes the pricing model for limited-use PRESTO Tickets which looks to uphold PRESTO fare pricing principles and encourage PRESTO card adoption (e-Purse and passes). Those seeking a single fare option will be able to use PRESTO Tickets to pay their fare on all modes, gain access through fare gates and benefit from the two-hour transfer available on PRESTO.
The second policy establishes the specified expiry date for PRESTO Tickets while the third seeks to establish an exchange policy for PRESTO Tickets that are unused past their expiry date.
We also introduce the Day Pass PRESTO Ticket for infrequent TTC customers or those anticipating multiple trips in a day, beyond those covered with the two-hour transfer.
Recommendations
It is recommended that the Board:
Approve the following fare policies as outlined in the Comments section in this report:
1. Allow for PRESTO one-ride and two-ride Tickets to be priced as a single fare, equivalent to the adult cash price
2. Allow the sale of a Day Pass PRESTO Ticket as follows:
a. valid for one (1) person entry;
b. valid for unlimited travel between the hours of 3:00 a.m. until 2:59 a.m. the following business day;
c. price aligned with legacy TTC Day Pass; and
d. available for use any day of the week, including statutory holidays
3. Allow for PRESTO Tickets to expire as follows:
a. in 90 days after purchase for those purchased at subway stations (Fare Vending Machines [FVMs]), Shoppers Drug Mart (retail channels), TTC Customer Service; and
b. in one (1) year after issue for bulk purchases
4. Allow for exchanges to be provided for expired and unused PRESTO Tickets as follows:
a. exchanges for valid fare of equal value; and
b. exchanges up to one (1) year after expiry only