Payments News
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On The Web

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Use

India Rolls Out National Transit Card System

“Dubbed ‘One Nation One Card’, the contactless card system is India’s first domestically developed transit platform and was unveiled by Prime Minister Narendra Modi while inaugurating the first phase of the Ahmedabad metro service. The stored value card system comprises the NCMC card itself, an automatic fare collection system known as Sweekar and an NCMC standard […]
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Tech

Visa and Planeta Informatica Pioneer New Technology to Bring the Speed, Security and Convenience of Contactless Payments to Transit Operators Around the World

“The Visa Secure Access Module (SAM) makes it easy for transit organizations and operators to begin offering riders the ability to tap to pay with a contactless card, phone or wearable device, without the expense and technical requirements of replacing current turnstiles or terminal hardware.”
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Tech

New York MTA begins testing mobile wallet-based ticketing

“The system will roll out to the general public from May, reports News12, and the existing swipe-based MetroCard will be phased out by 2023. Initially, the One Metro New York (OMNY) systemwill allow travellers to pay for a single fare, but in coming months it will expand to include the wider range of fares available currently, including […]
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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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Use

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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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 […]

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 […]