top of page
    Search

    Adopting contactless payments in US public transit: overcoming the challenges

    • ICM
    • May 29, 2024
    • 1 min read


    Contactless payments are transforming public transit in the US one tap at a time, but before agencies and operators can reap the rewards, they must navigate the adoption process. 


    The technology that enables contactless open-loop payments is not only for in-store experiences. It’s also being harnessed to create friction-free travel by simplifying and expediting public transit payments. The hassle of negotiating a local transit ticketing system and handling cash is no longer acceptable as tapping to pay becomes a prerequisite for the modern passenger. 


    By empowering riders to tap into transit systems with the contactless-enabled bank cards or devices they carry in their pocket, which become their ticket, both transit authorities and their customers benefit from improved efficiency. Passengers receive the frictionless payment experience they crave. While agencies and operators free themselves from the operational costs of managing a legacy system, such as cash handling and maintenance.


    It’s not always as simple as investing in this contactless technology, plugging it in and reaping the rewards. Too often this digital transformation is overcomplicated by adopting an expensive and inefficient build-from-scratch approach, presenting transit authorities with challenging obstacles.


     
     
     

    Commentaires


    © 2025 by ICM Global Funds Pte Ltd. All rights reserved.


    The information on this website is solely for information purposes and is not intended to be, and should be construed as, an offer or recommendation to buy and sell investments. If you are in any doubt as to the appropriate course of action, we would recommend that you consult your own independent financial adviser, stockbroker, solicitor, accountant or other professional adviser. 


    Past performance is no guide to the future. The value of investments and the income from them may go down as well as up and investors may not get back the full amount they originally invested. The information herein has been obtained from sources believed to be reliable but no representation or warranty is given or may be implied that they are accurate or complete.

    bottom of page