Metro Rio will be the first transit operator to launch contactless payments using the Visa Secure Access Module in late April.
Visa and Planeta Informatica have launched new technology that enables public transit operators to implement contactless payments faster, easier and cheaper.
The Visa Secure Access Module (SAM) aims to make it simple for transit organisations and operators to begin offering riders the ability to tap to pay with a contactless card, phone or wearable device.
The operators won’t need to replace current turnstiles or terminal hardware. They can install the Visa SAM, which is based on secure EMV contactless technology, directly into existing systems, decreasing cost and implementation time.
Visa claims its Secure Access Module is the first technology of its kind for the transit industry.
Visa claims its Secure Access Module is the first technology of its kind for the transit industry. It is available to all Visa Ready technology partners, making it easy for other transit hardware and software companies to incorporate it into their offerings.
Citizens in Rio de Janeiro will be the first to try out the technology. Visa and Planeta Informatica have partnered with Ingenico Group to implement the Visa SAM as part of the launch of contactless transit with Metro Rio in late April.
“Ingenico welcomes the launch by Planeta and Visa of the new Visa Secure Access Module, building on existing Ingenico contactless terminals. This illustrates the diversity of solutions to address transit operators’ payments needs, ranging from payment modules to more comprehensive solutions that include dedicated gateways and acquiring capabilities,” said Venceslas Cartier, Enterprise Retail Head of Transportation at Ingenico Group.
“We are looking forward to our continued partnership with Planeta and Visa, which will also entail the provision of our latest generation open payment terminals, to keep enhancing consumers’ journeys.”
The Future of Transportation: Mobility in the Age of the Megacity research, commissioned by Visa, found that payment complexity is often a major source of frustration for commuters on mass transit. The research suggested that the average person’s use of mass transit would increase by 27 per cent if it were easier to pay. Almost half (47 per cent) said the need to obtain different tickets for different modes of travel is an issue.
47 per cent highlighted the need to obtain different tickets for different modes of travel as an issue.
Nick Mackie, Global Head of Urban Mobility, for Visa, said: “This is a transformational development for public transit operators that want to improve their customers’ journeys and reduce their operational costs by removing the need for tickets or topping up fare cards.
"Through our work with Planeta Informatica, we have pioneered a way to accelerate the shift to contactless transit that is scalable and highly secure, while generating time and cost savings for transit operators by removing the hurdles of replacing potentially thousands of transit readers across the transport system.”
Artur Costa, CEO of Planeta Informática, added: “The new Visa SAM technology combines 15 years of our experience in public transportation with the Mass Transit Transaction (MTT) framework, a state-of-the-art payment framework released by Visa in 2017. We worked diligently with Visa to build the best technological solution for adding EMV contactless acceptance on top of any existing closed-loop payment system without necessarily replacing the entire electronic ticketing infrastructure.”
You might also like: