Bulk TTC Token Sales Halted – Back to the Future with Adult Paper Tickets starting monday
Fare Increase, Tickets, Tokens, Transit, TTC
By HiMY SYeD
As an answer to the rush of bulk token purchases by transit riders in advance of the 25 cent adult fare increase in the new year, the TTC Monday will re-introduce adult paper tickets available in any bulk quantity at current prices.
Adult paper tickets were eliminated back in 2008 due to losses from counterfeiting.
Initially, bulk token sales at TTC collector booths were limited to ten and then recently reduced to five token purchases at a time. It didn’t help much.
Riders were purchasing tokens in such quantities that Commission spokesperson Brad Ross said supplies were running dangerously low.
Faced with either producing more tokens in a hurry, at an exhorbitant cost, or a return to paper tickets, the TTC opted to fork out approximately $50,000 to print 10 million tickets.
Riders were purchasing but not using an estimated 20% of recent token sales, resulting in an estimated daily loss to the TTC of about $45,000.
Tokens will still be available at the vending machines but only available one at a time at the full fare price of $2.75. No savings there, but you can at least get in to the station from entrances you’re used to.
There will be no limit to the number of adult tickets available for purchase per transaction.
The Tickets will be sold until the new fares kick in on January 3, 2010. They will be accepted in the fare box with an extra 25 cents thereafter and until January 31, 2010.
After that, these temporary paper adult tickets become a collector’s item.