Athens to run multimodal mobility-as-a-service pilot

Transport for Athens (OASA), the company that operates metro, tram, trolleybus and bus services in the Greek capital, is to upgrade its automated fare collection system to allow boarding with bank cards and mobile devices and to support multi-modal mobility-as-a-service ticketing... More


Hong Kong Monetary Authority identifies three use cases where CBDCs can add unique value to payments

Tokenization of real estate assets figure showing one of Hong Kong Monetary Authority's use cases for CBDC

The Hong Kong Monetary Authority (HKMA) has completed the first phase of Project e-HKD to develop a digital Hong Kong dollar and in the process has identified three use cases where the adoption of a central bank digital currency (CBDC) could facilitate faster, more cost-effective and inclusive payments and enable new types of economic transactions... More









Toronto gets open loop contactless fare payments

Person using smartphone on a validator on a Toronto bus to make open loop contactless fare payment

Toronto Transit Commission (TTC) in Canada has added support for open loop contactless fare payments, enabling passengers travelling on streetcars, buses and Wheel-Trans para-transit vehicles in the city to pay fares with a tap of their physical or digital credit or debit card... More











Visa reports on passenger preferences for transit payments

More than four in ten transit passengers worldwide say that tapping their own debit or credit card to make open loop contactless fare payments is their preferred fare payment option (42%), followed by tapping a card stored in their mobile wallet (39%), using a closed loop transit card (38%), cash (31%) and app-based payment (29%), according to a Visa survey... More