Payments News

On The Web

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How Amazon Go Unlocked a New Era of Next-gen Payments

“There has been a lot of buzz surrounding Amazon Go ever since the first checkout-free store opened its doors in Seattle in 2016. Recently, the retail giant announced that it will be rolling out the concept internationally, and it is already setting the tone of what payments will look like in the future. Last year, […]
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MTA Expands OMNY to Penn Station

“The Metropolitan Transportation Authority (MTA) announced today that its cutting-edge OMNY contactless fare payment system is now available at the 34 St-Penn Station intermodal complex, one of the busiest transit hubs in North America, as the MTA continues its rollout to a total of 85 subway stations by the end of the month. The news […]
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Contactless Payments Expand to Miami Bus Services

“Public transportation users “can simply tap their contactless-enabled American Express credit card, Visa and Mastercard bank cards, or digital wallets, to pay directly at Metrobus fare boxes in addition to Metrorail fare gates,” the county says . “Contactless payment includes a new fare-capping feature that guarantees a maximum cost of US$5.65 per day, which is […]
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The Gift-Card Budget

“As Starbucks and Amazon propelled gift cards into what was in 2018 a $95.7 billion market , the amount of unused money left on them has also grown. Somewhere in the range of $2 billion to $4 billion—experts aren’t exactly sure—will languish on gift cards this year, according to figures provided by the business research […]
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Uber Adds Public-Transit Payment Option in Las Vegas

“Fare-payment software provider Masabi Ltd. said late Monday that it along with the Regional Transportation Commission of Southern Nevada (RTC) and Uber had launched Uber Transit ticketing, which enables Uber riders in the Las Vegas area to buy RTC tickets through the Uber mobile app and use their smart phone to ride.”
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