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.
Interested In This Report
Related content
Where Will the FIS Spin-Off Leave Worldpay?
Financial technology company FIS brought in merchant acquiring titan Worldpay in 2019 for $43 billion, including nearly $8 billion in debt. That move came during a spree of megadea...
Open Banking Pushes Interoperability to the Payments Forefront
Thanks to open banking, interoperability has become a foundational building block of the modern financial services industry. This has led to product development that makes it easie...
Next Steps for Crypto: Weathering the FTX Fallout
The collapse of FTX and Alameda Research has given cryptocurrency another black eye and provided fodder for skeptics about the industry and digital assets. But the situation, as ug...
Make informed decisions in a digital financial world