Singapore transit system to trial contactless bank card payments

Singapore transit system to trial contactless bank card payments

Singapore's Land Transport Authority (LTA) is teaming up with MasterCard for a pilot that will see participants pay for their train and bus journeys by tapping their contactless credit and debit cards.

The LTA says it plans to enrol at least 100,000 people in the account-based ticketing system trial, which will save commuters the hassle of having to use a separate transit card and make fare top-ups.

The pilot, set to begin by the end of the year, will also let users track their journeys and fair histories via a mobile app or web portal.

Although, the trial is initially only involve contactless cards, the LTA says that it is also working on enabling mobile phone-based NFC payments for rail and bus fares.

Deborah Heng, GM, MasterCard Singapore, says: "As the contactless payments space continues to evolve, consumers will have different options to tap and pay securely at transit points, from their MasterCard contactless cards to mobiles phones and even wristbands and watches."

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