Contactless Payments Come To American Commuters
After being successful in Hong Kong, Taiwan and the UK, contactless transit payments are set to come in to America. In association with The Port Authority of New York and New Jersey and NJ Transit MasterCard is looking to run a trial where New York commuters use devices such as cards, key fobs and mobile phones to pay fares on buses and trains. This trial, which begins sometime early next year will run for eight months and cover 13 Port Authority train stations and two connecting NJ Transit bus routes. For the first two months of the trial period, the contactless service will be available to only MasterCard PayPass customers. Other bank issued contactless card users will be able to avail of the service for the latter 6 months of the trial. Read Finextra’s report here.