29 April 2017
visit nextgenbanking.co.uk

Singapore commuters can now tap-and-pay for their fares with Mastercard

01 March 2017  |  5076 views  |  0 Singapore

Singapore's Land Transport Authority is working with Mastercard on plans to enable commuters to pay for their fares with contactless bank cards.

The LTA's collaboration with Mastercard was first announced in July last year.

A pilot of the system will be launched next month with at least 100,000 commuters using tap-and-pay cards on public buses and trains. Users will be able to track their journey and fare history through a special TransitLink mobile services app or on the Web.

Deborah Heng, country manager of Mastercard Singapore, says: “The introduction of Account-Based Ticketing in Singapore’s public transportation system is the latest in Mastercard’s commitment to deliver smart city solutions to Singapore. In the near future, we expect to broaden contactless access by enabling mobile and wearable devices for cashless use.”

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

EZ-Link blends payments with fitness trackers

EZ-Link blends payments with fitness trackers

20 January 2017  |  6222 views  |  0 comments | 4 tweets | 3 linkedin
Singapore makes cashless payments push

Singapore makes cashless payments push

19 August 2016  |  8610 views  |  0 comments | 18 tweets | 20 linkedin
Rio transit operator flies the flag for wearable payments

Rio transit operator flies the flag for wearable payments

05 August 2016  |  6046 views  |  0 comments | 9 tweets | 12 linkedin
Singapore transit system to trial contactless bank card payments

Singapore transit system to trial contactless bank card payments

26 July 2016  |  7320 views  |  0 comments | 14 tweets | 10 linkedin
Visa contactless tube journeys hit million a day milestone

Visa contactless tube journeys hit million a day milestone

14 January 2016  |  7464 views  |  0 comments | 10 tweets | 13 linkedin
UK prepares for contactless travel revolution

UK prepares for contactless travel revolution

13 January 2016  |  9237 views  |  1 comments | 35 tweets | 19 linkedin
Chinese commuters to get contactless wristbands/fitness trackers

Chinese commuters to get contactless wristbands/fitness trackers

10 July 2015  |  7311 views  |  0 comments | 10 tweets | 7 linkedin
Madrid's public transport system to trial mobile NFC ticketing

Madrid's public transport system to trial mobile NFC ticketing

04 March 2015  |  6509 views  |  0 comments | 9 tweets | 7 linkedin
MasterCard and Masabi bring mobile ticketing to Athens transport system

MasterCard and Masabi bring mobile ticketing to Athens transport system

14 January 2015  |  6402 views  |  0 comments | 6 tweets | 4 linkedin
Toronto subway gets card payment option

Toronto subway gets card payment option

17 December 2014  |  5509 views  |  0 comments | 3 tweets | 3 linkedin
US transit networks gear up for chip cards and mobile payments

US transit networks gear up for chip cards and mobile payments

14 January 2014  |  7017 views  |  0 comments | 14 tweets | 7 linkedin
Hong Kong's Octopus Group to trial mobile transit payments

Hong Kong's Octopus Group to trial mobile transit payments

10 September 2013  |  6514 views  |  0 comments | 5 tweets | 6 linkedin
Russian city Novosibirsk gets mobile NFC transport ticketing system

Russian city Novosibirsk gets mobile NFC transport ticketing system

29 May 2013  |  5536 views  |  0 comments | 5 tweets | 3 linkedin
AIS and Oberthur prep Bangkok public transport mobile NFC trial

AIS and Oberthur prep Bangkok public transport mobile NFC trial

05 March 2013  |  6223 views  |  0 comments | 5 tweets | 1 linkedin
Telecom Italia and Intesa Sanpaolo begin Milan mobile NFC pilot

Telecom Italia and Intesa Sanpaolo begin Milan mobile NFC pilot

25 October 2012  |  12113 views  |  0 comments | 8 tweets | 3 linkedin
Telecom NZ and Westpac trial mobile NFC for Auckland public transport

Telecom NZ and Westpac trial mobile NFC for Auckland public transport

30 April 2012  |  5874 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comFind out morevisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
Six global banks join Swift DLT trialsSix global banks join Swift DLT trials
7712 views comments | 15 tweets | 36 linkedin
BBVA steps up fintech acquisition strategy with purchase of OpenpayBBVA steps up fintech acquisition strategy...
6962 views comments | 17 tweets | 16 linkedin
Should central banks open up payment and settlement systems to non-banks?Should central banks open up payment and s...
5979 views comments | 22 tweets | 21 linkedin
Token raises $15.7 million as PSD2 approachesToken raises $15.7 million as PSD2 approac...
5924 views comments | 20 tweets | 20 linkedin
hands typing furiouslyMobile Technology, Its Importance, Present...
5678 views 0 | 2 tweets | 1 linkedin

Featured job

to 120K base, £300K ote, stock options
London, UK

Find your next job