PRESTO uses smart-card technology that stores funds in a secure account, replacing the need for tickets, tokens, passes or cash. When you tap your PRESTO card on a fare payment device, the electronic chip embedded in the card instantly calculates the fare and deducts it from your account or verifies your weekly/monthly pass.
[An] accelerated plan, developed by the TTC and regional transportation agency Metrolinx, would make the tap-and-pay fare card system available at 26 subway stations by July 2015 and at all 69 subway stations by the end of 2016, the agencies announced on Tuesday.
By the end of 2015, all old streetcars would be outfitted with the Presto system at the front door, and by the end of 2016, all buses would accept Presto cards. (CBC)
HOW PRESTO WORKS
Transactions conducted remotely-online or by phone have three parts:
- You perform the transaction.Activate, register, load, or report a lost card online or by phone – think of this as shopping online for a book.
- The transaction is synced to all PRESTO devices.Some devices sync in a few hours. Devices on buses may only sync once per day when the bus leaves the maintenance facility. All PRESTO devices sync within 24 hours – think of this as having your purchase sent to a post office for pickup.
- Your card is updated when you tap.The transaction is added to your card when you tap on a PRESTO device to travel, or on a Balance Checker – think of this as picking up your book at the post office.Transactions expire after 30 days so if you do not tap in that time the transaction is cancelled and your payment is refunded.
(photo source: Wikimedia)