Payments News
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On The Web

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Global

You Will Soon Be Able to Pay Your Subway Fare With Your Face in China

“In Shenzhen, the local subway operator is testing various advanced technologies backed by the ultra-fast 5G network, including facial-recognition ticketing. At the Futian station, instead of presenting a ticket or scanning a QR bar code on their smartphones, commuters can scan their faces on a tablet-sized screen mounted on the entrance gate and have the […]
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How the London Underground Brings in 53,000 New Contactless Users a Day

“More than 55% of all payments in the London transit system are made via contactless instead of the legacy Oyster card, according to TfL figures for early April provided to PaymentsSource. And that’s just the tip of the iceberg, as the rapid uptake of contactless payments on London’s transit system and overall contactless usage show […]
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Consultation on Expanding Pay-as-you-go Ticketing in Southeast England

“UK: The Department for Transport has begun public consultation on the possible roll out of ‘pay-as-you-go’ smart ticketing in the region surrounding Greater London. It is envisaged that this would be more convenient for passengers, and reduce differences in fares paid by people by people with different working and travel patterns. The consultation is looking […]
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Apple Pay Pilot For NYC Transit Launches This Spring

Apple confirmed last month that its mobile payments service, Apple Pay, is going to work with transit systems in major U.S. cities this year. It was later reported that New York City will run an Apple Pay pilot for transit on a couple of lines in the spring this year before rolling it out to additional lines […]
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Global

Google Pay Says G’day to Mobile Myki

“Once you’ve created your card, you’ll find real-time information about your myki balance and recent transactions and get low balance notifications. Passengers will be able to buy Full fare, Concession, Child and Senior Mobile mykis – and auto load will also be available. Soon, you’ll also be able to see your current balance in Google […]
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China Opens First 3D Facial Recognition Metro Line in Shandong

“Metro Line 1 in Jinan City, Shandong Province has become the first in China to adopt 3D facial recognition technology. After uploading their facial information via an app for the metro line, passengers can simply face a device at the entrance and pass the turnstile within two seconds.  The error rate is said to be […]

On The Wires

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Reports

Visa Releases Global Study: The Future of Transportation: Mobility in the Age of the Megacity

“Building on Visa’s experience working with transit operators, automotive companies and technology start-ups, Visa commissioned a global study, “The Future of Transportation: Mobility in the Age of the Megacity” to better understand the challenges commuters face today and in the future. The key findings were combined with a view of existing and near horizon innovations provided by […]