With Americans averaging over 10 billion trips on public transportation annually, transit agencies are looking to create streamlined experiences with new technologies. There has been significant growth of contactless-enabled technology in the U.S. as merchants and consumers alike are getting accustomed to the benefits of ‘tap and go’ payments. With riders demanding similar speed and flexibility in their daily commutes, many transportation organizations are now implementing or investigating accepting contactless open payments.
The U.S. Payments Forum webinar, “Contactless Open Payments for Transit,” discussed:
- An overview of open- and closed-loop transit fare collection systems
- The benefits and challenges of implementing contactless open payments in transit
- A look at Transport for London’s (TfL) experience with contactless
- The U.S. Payments Forum-developed approach for accepting contactless cards and devices in transit
- Click here to download the webinar presentation
- Download the Forum white paper, “Transit Contactless Open Payments: Technical Solution for Pay As You Go”
Webinar speakers included: Randy Vanderhoof, U.S. Payments Forum; Steven Cole, Worldpay; Itai Sela, B2 Payment Solutions.
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