Mastercard Transit Solutions now officially helps people in 150 global cities simply tap and go on their daily commute.
Following London, Sydney and Vancouver, the latest wave of cities to join the tap and ride revolution includes Mexico City, Milan and Kaohsiung, Taiwan.
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Getting around by tapping a card or mobile device is quickly becoming a reality for residents and visitors across the world.
In addition, Mastercard highlighted that Metro systems across the world carry close to 170 million passengers each day.
With the enormous amount of people rushing to work its essential to improve the speed and reliability of the public transport services they are using.
Mastercard Transit Solutions powering a quicker journey
By enabling tap and ride access to trains and buses, a growing number of cities are joining to meet this expectation.
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By GlobalDataThe benefits of this are obvious. Commuters and visitors no longer need to waste time waiting in line at the ticket booth. Furthermore, no more funds are lost on unused tickets.
Cities can now better equip themselves with contactless technology to provide an overall better experience for travellers.
Executive vice president, enterprise partnerships, Hany Fam, of Mastercard, said:
“Everywhere around the world, people have the same need. Getting from Point A to Point B should be as simple as buying your morning cup of coffee.
“Our technology, insights and partnerships deliver on this expectation – from London to Singapore, and from Bogota to New York City. As the world becomes increasingly urban, accessible and efficient transit links are a key to unlocking economic opportunity – for individuals and for cities.”
Mastercard Transit Solutions are connecting the world
Europe:
- In London, 50% of all Tube and rail pay-as-you-go journeys are now regularly made using contactless payment cards or mobile devices. Cardholders now represented in over 100 countries. Consequently, the UK is now one of the leading contactless markets in the world.
- In the Czech Republic, the national railway company has joined the country’s major cities in enabling contactless transit payments.
- Also Milan became the first Italian city to introduce contactless payments on its metro system.
- Tallinn, the capital of Estonia, has chosen Ridango, a Mastercard Start Path company, to introduce contactless transit payments.
North America:
- Since Vancouver launched a new way to pay in May this year, it took only two months to reach 1 million contactless journeys.
- Furthermore, over the next two years, Boston will introduce a new fare payment system, including contactless options.
Asia-Pacific:
- In 2017, Singapore chose Mastercard to pilot open-loop payments on its metro system.
- Commuters and tourists in Sydney can now ‘tap and go’ their way across all city ferries and also railways.
- Furthermore, in 2019, Kaohsiung will become the first city in North Asia to launch contactless card payments on its transit system.
