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November 30, 2018

LTA expands pilot for contactless public transport payment to Visa, NETS

The Land Transport Authority (LTA) has expanded its trial of the Account-Based Ticketing (ABT) system for contactless public transport payment to Visa and NETS. The pilot will begin next month.

ABT enables users to tap their contactless credit or debit card on the bus or MRT fare readers to make payments for public transport.

LTA CEO Ngien Hoon Ping said: “We are pleased to extend the pilot to NETS and Visa, which will allow even more commuters to try and experience ABT, especially the convenience it offers.

“The trial for Mastercard has been very encouraging so far, and I am confident that the Visa and NETS trials will be equally helpful in fine-tuning the ABT system before we launch it to the public in future.”

In case of Visa, an invited group of employees and participating banks will take part in the trial.

The NETS pilot will be open to users having NETS contactless bank cards with DBS/POSB, OCBC and UOB.

NETS group CEO Jeffrey Goh said: “With this pilot, NETS Contactless Cardholders can now pay for all their daily essentials, such as food, groceries and now public transport, with just their NETS Contactless Bank card.

“In addition to enjoying the convenience of tapping to pay at over 110,000 acceptance points island-wide, which includes more than 4,000 hawker centres and canteen stalls, NETS Contactless Cardholders no longer have to key in a PIN for transactions less than $100.”

The ABT system has already been tested with Mastercard. The Mastercard pilot involved more than 100,000 participants, with over 26 million trips transacted through the new system.

 

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