1. Singapore to roll out open-loop payments on public transportation
Singapore commuters with Mastercard contactless bank cards can use it to pay for public transport rides under the new payment system from April 4. In the new 'SimplyGo ' fare system, passages don't need to top up stored-value cards, but with fares for rides reflected in commuters' credit or debit card bills, just like their retail purchases.
Visa cardholders will get the same convenience later this year, Senior Minister of State for Transport Janil Puthucheary said in Parliament on March 7.
"With SimplyGo, commuters will have the option of carrying one less card for transport and not having to do card top-ups," said Dr Janil.
SimplyGo has been on trial by the Land Transport Authority (LTA) and Mastercard since March 2017, under its previous name Account-Based Ticketing. There will be no additional fees to use the system.
2. Frist self-driving electric bus being tested in Singapore
The designers are planning more testing this year, and expect to put it on public roads as soon as possible.
3. India rolls out national transit card system for business intelligence
India is launching a single card which can be used to pay for travel on all transportation systems across the country. The National Common Mobility Card (NCMC) can be used on metro, buses and suburban railways, as well as to pay for parking and tolls and in shops.
Dubbed ‘One Nation One Card’, the contactless card system is India’s first domestically developed transit platform and was unveiled by Prime Minister Narendra Modi while inaugurating the first phase of the Ahmedabad metro service.
The stored value card system comprises the NCMC card itself, an automatic fare collection system known as Sweekar and an NCMC standard fare gate known as Swagat.
The cards “are bank issued debit/credit/prepaid cards and the customer may use this single card for payments across all segments including metro, bus, suburban railways, toll, parking, smart city and retail,” the Ministry of Housing & Urban Affairs explains.
4. Telpo rolls out the TPS530 smart bus ticketing machine
Telpo TPS530 is a new type of bus terminal that is stylish, durable and practical. It combines a high-resolution touch screen, a contactless card reader for public transport card, a QR-code reader, and others.
In addition to bus fare, the TPS530 is customizable for bus card recharge, prepaid bus boarding, rail tolls, taxi billing, bicycle rental centers, canteen dining card reading, membership card redemption and more.
Tag: Fare Payments,retail,bus ticketing machine,LTA,QR-code,touch screen,taxi billing,smart payment
Brief Introduction: Telpo is a professional smart payment partner who focuses on the ODM service 20 years. It mainly provides the EFT-POS, cash registers, biometric devices, face recognition machines, self-service kiosks, and bus validators. Telpo has served for more than 1000 customers abroad, including government, banks, Telecom operators, police stations, retail shops, and offices. Telpo adheres to R&D and innovation, aiming to provide more intelligent hardware for global partners.