Monday, 27 September 2010

Visa starts subway tickets mobile payments tests

Visa has started participating in a test program that will enable passengers pay for some New York subway tickets by tapping a credit card or a smartphone at the turnstile.

The program, which was initially begun by MasterCard and exclusive to MasterCard users, has now been opened to Visa.

The program allows passengers to buy a subway, bus or train ticket by tapping or waving their credit or debit card, or a sticker attached to the back of their phone, over a turnstile electronic reader, instead of buying a separate ticket.

It was announced last week that consumers will get an ability to use their Visa cards, or in certain cases their smartphones, to buy some subway, train or bus tickets in New York and New Jersey.

Visa has also commenced a separate test of contactless transit payments in Los Angeles. Under this program, passengers will have to purchase special prepaid debit cards, which they can tap to ride a subway or bus, and which can also be used to buy goods or services from other retailers.
 
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