Visa has signed 14 new technology companies, from across 10 countries, in an effort to expand the use of contactless payments in public transportation.
The new technology partners join ‘Visa Ready for Transit programme’. The programme works alongside the companies whose technology solutions are accelerating seamless, friction-free commuting with contactless payments. The aim is to make a bigger push for contactless payments available for commuting across the globe.
The Visa Ready for Transit programme was first announced in November 2017 with initial partners, Vix and Worldline.
The Visa Ready certification sets a benchmark for high-quality, ready-to-deploy solutions, enabling transit companies to implement a more convenient and efficient experience for commuters worldwide using secure solutions.
Jason Blackhurst, senior vice president, innovation and strategic partnerships at Visa, said: “We’re seeing renewed interest from transit-related companies around the world to learn how new innovations in payments can improve their customer experiences.
“Since launching Visa Ready for Transit, we’ve welcomed 16 world-class technology partners to the programme, ranging from small tech companies to multinational organisations. Each of these partners are empowered to help extend the benefits of Visa’s digital payment technology to transit companies around the globe.”
The 14 new partners all develop software or hardware to provide a more seamless experience for people using public transport around the world. The new partners include:
- AS Ridango (Estonia) provides state-of-the-art transit solutions and services.
- BBPOS International Limited (Hong Kong) distributes mobile point-of-sale (mPOS) technology.
- Conduent Business Solutions (France) provides diversified business process services offering capabilities in transaction processing, automation and analytics.
- Digicon (Brazil) specialises in the provision of access controllers (turnstiles), traffic controllers, parking control systems (parking meters), electronic time clocks and automatic ticketing systems for urban transportation.
- FIME (France) works with transit operators to deliver the interoperability of fare collection systems to provide seamless travel to commuters.
- Mennica Polska (Poland) is a leading Polish ticketing operator and automatic fare collection solutions integrator.
- Paycraft (India) provides contactless, open loop products with capabilities of processing online and offline transactions.
- Perto (Brazil) develops technology products and services for banks and retailers.
- Planeta Informática (Brazil) provides solutions for secure online and offline payment systems and devices.
- Quadrac (Japan) provides ultra-high-speed payment servers and proximity communication devices.
- Schiedt&Bachmann (Germany) provides intelligent ticketing and information systems.
- Spire Payments (Luxembourg) provides point-of-sale hardware and software solutions.
- Smartran Ltd (United Kingdom) delivers smart business solutions utilising contactless EMV and NFC mobile applications.
- T-Systems Ltd (United Kingdom) operates information and communication technology systems for multinationals and public sector institutions.
Visa Ready for Transit is part of the overall Visa Ready programme, which helps accelerate the adoption of new technologies by helping third-party payment solutions quickly reach global acceptance.