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December 16, 2019

Cubic expands payment options of RMV with PayPal integration

Cubic Transportation Systems (CTS) has added PayPal as a payment option for users of the mobile ticketing platform of German public transport network Rhein-Main-Verkehrsverbund (RMV).

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PayPal payments will be supported in the metropolitan and rural area around Frankfurt as well as the Rhine-Main area in the State of Hesse.

Commuters can now use their smartphones to buy weekly and monthly RMV passes, owing to PayPal’s integration into the RMV app and mobile back office system.

The integration is also said to benefit commuters utilising a different currency because of PayPal’s reach in over 200 markets.

CTS Deutschland general manager Stefan Jacobs said: “It’s great to be able to expand our collaboration with RMV to give travelers more flexibility in how they pay for their journeys.

“We were able to help RMV reach 20 million ticket sales earlier this year and are going one step further in mobile innovation by adding PayPal.

“We’re delighted to continue working with RMV to incorporate new features that will benefit travellers.”

Earlier this year, the Miami-Dade County Department of Transportation and Public Works upgraded its EASY Card transit fare system by using the open payment technology of CTS.

This will enable commuters to make tap-and-go payments with their contactless-enabled Visa, Mastercard, and American Express cards directly at Metrorail faregates in Miami.

 

 

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Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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