17 January 2018
visit www.ebaday.com

Visa in NY and LA contactless transit deals

21 September 2010  |  9187 views  |  0 London - tube platform

Visa is trialling its contactless payWave payments technology for public transport services in New York and Los Angeles.

The Metropolitan Transportation Authority (MTA), Port Authority of New York and New Jersey (PATH) and NJ Transit (NJT) have been working with Visa rival MasterCard since June on a contactless trial.

Now Visa is joining the project, letting commuters pay for journeys on certain bus, subway and rail routes with payWave cards or mobile phones equipped with technology from DeviceFidelity that fits into their microSD slots.

Meanwhile, earlier this week Visa also finally launched commercial implementation of a contactless system for the LA Metro.

First flagged in 2008, the service sees Visa and the LA Metro system team to offer two types of pre-paid payWave cards that incorporate the transit system's "TAP" fare application.

Ride, pay and reload cards will be sold through automated ReadyStation kiosks within the LA Metro system, with customers able to add up to $500 in value. These cards will be ready to use immediately for both transit fares and retail purchases.

Alternatively, customers can opt for personalised cards which are ordered online or over the phone. These cards have PIN numbers to enable users to withdraw cash at ATMs whilst customers can also have their pay cheques deposited directly to the account.

Jim McCarthy, global head, product, Visa, says: "Transit agencies the world over have one primary goal - to get their customers to where they need to go quickly and efficiently. What transit agencies and riders recognise is that using Visa on buses, subways and trains is the logical evolution in terms of improved speed, security and convenience."
KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Hong Kong's Octopus under fire for selling customer data

Hong Kong's Octopus under fire for selling customer data

28 July 2010  |  10453 views  |  0 comments
New York and New Jersey in contactless transit trial

New York and New Jersey in contactless transit trial

02 June 2010  |  7747 views  |  1 comments
Queensland contactless transit card security breached

Queensland contactless transit card security breached

11 January 2010  |  7585 views  |  0 comments
UK government earmarks £20m for electronic transport ticketing

UK government earmarks £20m for electronic transport ticketing

18 December 2009  |  13984 views  |  0 comments
Rio public transport network goes contactless

Rio public transport network goes contactless

05 November 2009  |  8424 views  |  0 comments
RBS WorldPay rolls out contactless payments on Liverpool bus network

RBS WorldPay rolls out contactless payments on Liverpool bus network

13 October 2009  |  10377 views  |  1 comments
Utah Transportation Authority plans contactless transit system

Utah Transportation Authority plans contactless transit system

12 November 2008  |  8756 views  |  0 comments
Visa to trial contactless transit payments in LA

Visa to trial contactless transit payments in LA

04 November 2008  |  8999 views  |  0 comments
Oyster could be replaced by mobile phones or bank cards - TfL

Oyster could be replaced by mobile phones or bank cards - TfL

22 October 2008  |  14105 views  |  0 comments
UK transport authority to pilot contactless payments

UK transport authority to pilot contactless payments

29 February 2008  |  15389 views  |  0 comments
Barclaycard to launch public mobile payments trial

Barclaycard to launch public mobile payments trial

28 November 2007  |  16253 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.fivedegrees.nlvisit www.ebaday.com

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11549 views comments | 15 tweets | 17 linkedin
BNP Paribas Asset Management completes fund transaction blockchain testBNP Paribas Asset Management completes fun...
10160 views comments | 14 tweets | 33 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9596 views comments | 32 tweets | 34 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9462 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9192 views comments | 17 tweets | 13 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job