American Express has collaborated with New York’s Metropolitan Transportation Authority (MTA) to provide contactless payments for New York subway commuters.
Effective immediately, Amex cardholders can use their contactless-enabled cards or cards in digital wallets through MTA’s new contactless fare system.
Go deeper with GlobalData
Currently, the contactless payment acceptance is in the pilot phase. During this period, commuters can tap their smart devices and contactless-enabled cards on a full-fare or pay-per-ride-basis.
The new facility can be leveraged on the 4/5/6 lines between Grand Central-42 Street, Atlantic Av-Barclays Centre and also all MTA buses on Staten Island.
Amex has collaborated with transit fare solutions company Cubic Transportation Systems in order to integrate contactless payments with the MTA.
The collaboration also works with other transit authorities to accelerate similar programs.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataBesides, the payment company also announced that starting July this year all its new and replacement cards will be contactless.
American Express executive vice president Jaromir Divilek said: “We’re committed to making contactless accessible for our card members in the US and are working with merchants across the country to make this a reality.
“Around the world, once consumers have experienced the speed, convenience and security of contactless payments in their transit system, they are more likely to tap-and-pay at restaurants, retailers, and more. We are excited about the benefits contactless can bring to both our US merchants and Card Members.”
