Global Transit Payment Initiatives
- Date:August 11, 2014
- Author(s):
- Tristan Hugo-Webb
- Research Topic(s):
- Global
- PAID CONTENT
Overview
Transit fare payment is increasingly cashless
Around the world, the use of cash in transportation systems is declining as electronic payment technologies and methods like contactless and mobile Near Field Communication (NFC) disrupt the traditional ticketing process. This Mercator Advisory Group Research Viewpoint recaps some of the recent global transit payment initiatives and discusses the implications for the near future.
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