Mastercard is partnering with the Singapore Land Transport Authority on its SimplyGo initiative to make it easy for commuters and travellers to use public transport.
Commuters in Singapore can use their Mastercard contactless credit, debit and prepaid cards to pay for bus and train services following a pilot of its account-based ticketing system.
Implemented as part of the Singapore Land Transport Authority’s (LTA) SimplyGo initiative, commuters can also use their mobile wallets and wearables linked to Mastercard cards, to pay for public transport rides.
Charges for journeys are billed to their bank or credit card statement. In addition to their bank apps and card statements, commuters can view their journey and fare payments history on the TransitLink SimplyGo portal.
Mastercard said it is the first international payments network to partner LTA on this initiative. SimplyGo, formerly known as ‘account-based ticketing’, started as a pilot with Mastercard cardholders in March 2017.
Since then the payments solution provider claims more than 26 million trips have been made with a daily average of more than 100,000 cardholders on buses and trains.
“Singapore commuters today join those in cities like London, Sydney, Vancouver, Kaoshiung, Kiev and Milan, where Mastercard has worked with local authorities to implement contactless solutions for open-loop transit systems, integrating digital payments into a city’s core infrastructure,” said Deborah Heng, country manager, Singapore, Mastercard.
“This drives seamless commerce across different platforms as consumers can go about their daily activity with just a Mastercard card in hand – from taking public transport to dining out and shopping. This means greater efficiency, transparency and control.”
Commuters can also use their mobile wallets and wearables linked to Mastercard cards, to pay for public transport rides
To use Mastercard cards to pay for transit, commuters can ‘tap and go’ with their contactless bank card, mobile wallet or linked wearable. If there is a Cepas logo on the back, cardholders can enable their card for transit via any general ticketing machine and start using it on their very next ride, without having to top up ever again.
“Through insights and strategic partnerships, Mastercard enables the interoperability of payments that benefit residents, visitors and local businesses to make cities more connected, efficient and inclusive,” added Heng.
“We will continue to work with the government and our partner banks to bring the learnings and capabilities gleaned from working with over 150 cities around the world to deliver smoother journeys and positive experiences to all commuters.”
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