Essay sample library > MTA announces plan to replace MetroCard with contactless payment system

MTA announces plan to replace MetroCard with contactless payment system

2023-06-25 21:19:17

I soon came to the archive of the New York Transit Museum: Metro Card. The MTA is expected to promote the release of e-readers that will allow subway and bus passengers to shake their mobile phones and pay for certain types of credit and debit cards.

According to the New York Times, the MTA is going to finalize a $ 573 million alternative to MetroCard. JTA Lhota, chairman of the MTA, said: "This will be transformational"

The mechanism is as follows. By the end of 2018, the MTA aims to start setting up e-book readers for 500 subway ticket gates and 600 buses and reaching the entire transportation system by 2020. With the new system, the driver can use his cell phone, debit card, or credit card, according to the New York Post, this card or a new faucet card can be used to pay the system itinerary I will.

This faucet card will solve the problem of gradually abolishing around the MetroCard which is economically disadvantageous to the new payment system. Although MetroCard is phased out, it will be a payment option with a new electronic scanner in 2023

The main advantage of the commuter's new fare system: In order to synchronize with the fare system of Long Island Railway and New City North, commuters can process payment from one location. The New York Times pointed out that this program will run through applications such as Android Pay, Apple Pay, Samsung Pay and so on.

In April 2016, the MTA officially began seeking advice on contactless payment systems. When a proposal request is announced, it is not expected to be started before 2021. But Mr. Lhota told the New York Times that the company had "a firm commitment". Former President of MTA Thomas Prendagast "Now I am doing this myself"

In early October the company launched a pilot program of a contactless payment system to set up bar code readers at Bowling Green and Wall Street sites near Stone Street's MTA headquarters. This pilot program is currently available only to MTA employees

The proposed fare system will be displayed before the Finance Committee of today's MTA. If approved, it will be voted by the board on Wednesday.

In April 2016, the MTA invited a proposal for a noncontact "New Fare Payment System" to replace MetroCard by 2022. On October 23, 2017, MetroCard will be phased out and replaced with Cubic's contactless fare payment system using debit / credit card or wireless ID card using Apple Pay, Google Pay, and NFC technology . Pricing On October 23 announcement, expansion of the system to the universal subway ticket payment system of 500 subway tickets and 600 buses is required by the end of 2018, and by 2020 all buses and subway stations Electronic fees will be used. However, support for MetroCard is expected to continue until 2023

In April 2016, the MTA officially began seeking advice on contactless payment systems. When a proposal request is announced, it is not expected to be started before 2021. But Mr. Lhota told the New York Times that the company had "a firm commitment". Former President of MTA Thomas Prendagast "Now I am doing this myself"

January 30, 2006 - The MTA and the New York City Transit Authority announced the launch of a non-contact payment card PayPass available in 30 subways in the Bronx, Manhattan, Brooklyn and Queens, in partnership with MasterCard and Citibank. Where to test When the customer clicks PayPass on the selected revolving door, PayPass deducts the fare and collects it on the customer's debit or credit card. The first success of the first trial period led to the extension of 2007 and made it possible for some customers with Citibank mobile phones to participate.

In the non-contact mobile payment system, as the name implies, there is no relationship between settlement equipment and readers (Datamonitor, 2004). Transmission technologies behind non-contact mobile payment systems include RF and Near Field Communication (NFC) technologies, in which radio frequency identification (RFID) is becoming increasingly popular. Non-contact mobile payment is often used for POS transactions. Deloitte & Touche's report points out that mobile operators offering mobile payment have great business advantages. Benefits include new customers, customer conversions and added value reductions, and revenue from related data services. For businesses that start services on the market earlier than other mobile phone operators, this advantage will be more affected by this trend.