Vancouver Craigslist users still reselling Compass Wristbands for up to $70 a pop

TransLink launched the Compass Wristband in early December, and stock of the wearable transit payment sold out in under two hours.

The transit authority said that it was only selling 2,000 wristbands in order to gauge interest in the product. Of course, it reordered the wristbands immediately after selling out of the product, but some people didn’t want to wait.

article continues below

In fact, a number of people tried profit off the coveted payment option by reselling the wristbands on Craigslist. Some users were selling single wristbands for $50, with one ad asking $80.

TransLink has stated that it will likely receive a shipment of wristbands in February, but in the meantime people continue to resell their wristbands on Craiglist at a considerable markup.  

For instance, the below ad asks $50 for one blue wristband, but it does come with $20 loaded onto it. Nevertheless, the seller is still making a $24 profit off the sale (the wristbands cost $6 each from TransLink.)


Another Craigslist post offers a blue wristband for $70 and with no indication that it has a loaded value. The ad does however, remark that the product is “sold out everywhere.”


Another seller on Craigslist says they are offering $2,000 for an assortment of any and all Compass Wristband, they will buy each wristband for $25, but that they have a large sum of money available to use.


TransLink also introduced a Tap-to-Pay system in 2018, which allows riders to tap their Visa, Mastercard or mobile wallet at the fare gates or on buses rather than loading a Compass Card.

Click here for original article.


Read Related Topics


NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Vancouver Courier welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus

Popular Vancouver Courier

Sign Up For Our e-Newsletter!
Find the Vancouver Courier Newspaper