As people slowly reacquaint themselves with public transportation after more than two years of cratering usage during the COVID-19 outbreak, we find a new behavior is taking root, as more transit systems enable tap-to-ride technology, and more people around the world are using it. On...
We’ve seen the disappearance of the subway tokens. The tickets — at the bus, on the trains and across mass transit in general — are next. Nick Mackie, Visa’s global head of urban mobility, told PYMNTS’ Karen Webster that while the future of mobility has...
FlixMobility, a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. The company, with an app similar to Uber’s, partners with private sector mass transit companies. “In just seven years, we have managed to become the largest bus provider in...
Seven years ago, when Visa first started working on bringing contactless payments to London’s Mass Transit system, the landscape for tap and go cards looked very different. The technology, Visa’s Global Head of Urban Mobility Nick Mackie told Karen Webster in a recent conversation, was...
March 17, 2023
As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only benefit ridership and relieve urban congestion, but also promise greater financial inclusion. A study from the Visa Economic Empowerment Institute (VEEI) titled “Reimagining Ridership: Open-loop Payments and the Future of […]
July 12, 2022
We’ve seen the disappearance of the subway tokens. The tickets — at the bus, on the trains and across mass transit in general — are next. Nick Mackie, Visa’s global...
May 28, 2019
Contactless payments have yet to achieve critical mass in the U.S., at only about 3 percent of transactions, according to NMI. Nick Starai, chief strategy officer at the firm, tells...
May 22, 2019
The first time is a charm. In fact, the first time must be a charm. No, we are not talking about first dates or so-called “meet cutes” in movies. We...
January 10, 2020
FlixMobility, a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. The company, with an app similar to Uber’s, partners with private sector mass transit companies. “In just seven years, we have managed to become the largest bus provider in the world, with more than 400,000 daily connections,” said CEO […]
June 06, 2019
The Land Transport Authority of Singapore now includes Visa cards in SimplyGo, its contactless payment system. According to a report in ZDNet, Visa said the project with Singapore’s Land Transportation...
March 22, 2019
Mastercard plans to bring cashless transit solutions to more than 20 U.S. cities in the next few years, the company said on Friday (March 22). “From mobile ticketing to digitizing...
December 08, 2016
Cash is still king when it comes to paying for mass transit rides, according to new data from ACI Worldwide. ACI Worldwide found in the U.S. that not only do...
