SINGAPORE: Land Transport Authority and Mastercard will launch an account-based fare payment pilot on March 20. This will allow passengers to use contactless credit and debit cards for fare payments on the metro and buses.
LTA and Mastercard signed a partnership agreement for the pilot last year, and hope to attract at least 100 000 participants. It is open to anyone with a Singapore-issued Mastercard contactless card, who can register their interest through a dedicated website if they have not already been pre-registered by their bank. Users will be able to track their journey and fare history via a mobile app or web portal.
‘Singapore is one of the first few cities in the world to test this fare payment system for public transport’, said LTA Chief Executive Ngien Hoon Ping. ‘LTA is committed to leveraging technology advancements to provide more convenience to commuters. Account-based ticketing using contactless credit or debit cards will add another option to how commuters can pay for their public transport rides.’