Bus and rail prices will increase on average by 2% this month.
From May 18 the fares will rise by some 2% on Metro and local Ulsterbus and 3% on Northern Ireland Railways local fares.
Operator Translink faced public anger after announcing increases last month.
Spokesman Ciaran Rogan said: "We have worked hard to respond in a balanced way to make sure our customers have money saving choices. Increases in fares have been kept to a minimum with many multi-journey ticket prices held.
"Also, we have engaged with the Consumer Council of Northern Ireland so they may be assured that negative impact on customers is kept to a minimum."
He said the company will face financial pressures in the year ahead.
"The Department for Regional Development (DRD) and Translink have worked closely over recent months to ensure that the scale of fare increases have been kept to a minimum through a detailed review of service efficiency," he added.
There is no change to the Metro Smartlink multi-journey fare or the Metro Smartlink weekly and monthly travel card fares.
The initial cost of Smartlink cards (£1.50) will be waived until August 31. There will be no change to Metro day ticket fares but most cash tickets increase by 10p.
There will be a new Ulsterbus weekly Smartcard for town services and a day return, two Smartlink journeys for town services will cost £1.80.
There will still be a third off day returns on trains after 9.30am.
For Metro no person will have to pay a higher fare if they use Smartlink or day ticket, with weekly and monthly travel cards held at current prices. Day ticket prices have been held.
The Consumer Council said it was dissatisfied with the outcome of the extended consultation.
Interim chief executive Donna Magee said: "The Consumer Council was not fully consulted at the outset of this fares revision.
"The Minister for Regional Development (Conor Murphy) recognised this and the importance of having the consumer voice included during any revision of fares.
"The largest increase has been taken off the table (Translink had proposed to increase the cost of an Ulsterbus town service day ticket by 41%) but sadly, the extra time has not produced a much better result for bus and rail passengers."
Mr Murphy said: "As I have stated previously, I rejected Translink's initial proposals and instructed them to bring forward new proposals that would avoid compulsory job losses and keep any fare increases or changes to current levels of service to a minimum.
"Fare increases are never popular, however the commercial reality is that the only alternative at this time to fare increases is compulsory job losses and a review of current levels of service."