Payments News

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So Long, Swiping. The ‘Tap-and-Go’ Subway Is Here.

“It can often feel like New York City’s subway is stuck in the Stone Age compared with systems in other cities across the world. Trains built in the 1960s still run on the subway tracks and parts of the signal system date back to before World War II. But perhaps one of the greatest symbols of […]
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Octopus Coming Soon to iPhone and Apple Watch

“Committed to providing innovative Octopus payment services to meet customers’ diverse payment needs, Octopus Cards Limited is excited to announce that customers will be able to use their Octopus on their iPhone or Apple Watch for transit and retail payment with Apple Pay later this year. More details will be shared soon.”
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Two Months On, Uber Transit Ticketing Is Averaging a 42% Weekly Growth Rate

“Denver’s use of Uber for transit ticketing appears to be gaining traction among commuters. More than 1,200 tickets have been sold through the app since its May 3 launch, Uber Technologies Inc. announced Tuesday. That pegs growth at an average of 42% per week in the launch period, the ride-share provider said. Denver’s Regional Transportation […]
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100 Million Transit Riders Are Paying With WeChat Mini-Program: Tencent

“Tencent’s WeChat mini-program “Ride Code” has reached 100 million users, Tencent Financial Technology announced Tuesday, exactly two years since its debut in July 2017. Ride Code allows subway and bus riders to pay for transit fares with QR codes directly upon boarding in various Chinese cities. At subway stations, that means showing your barcode at […]
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New York Tries to Bring the Subway Fare Into the 21st Century

“Modeled on payment technology used in London and Chicago, the $540 million OMNY system allows New York commuters to scan credit or debit cards (as well as smartphones and smartwatches) instead of using the ubiquitous yellow card. The frustration of swiping and reswiping as your train leaves the station will be a thing of the […]

On The Wires

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Cubic and Miami-Dade DTPW Make Transportation Easier for Travelers With a New Way to Pay

“Cubic Corporation today announced its Cubic Transportation Systems business division successfully launched open payment technology for the Miami-Dade Department of Transportation and Public Works’ (DTPW) EASY Card transit fare system. Open payment technology allows Miami-Dade travelers to easily tap and pay for their journeys with contactless-enabled Visa and Mastercard bank cards, American Express credit cards, […]