Tuesday, September 28, 2010
City commuters catch the train with payWave
Some commuters in New York and Los Angeles now use Visa Inc.'s payWave to pay bus, subway and train fares. In New York, riders use payWave-enabled cards and mobile phones. In Los Angeles, passengers use a special Visa prepaid TAP ReadyCARD, which is available to all riders of the metro system.
In the New York pilot program, the cards and smartphones communicate with contactless readers at fare gates and on buses. Riders use payWave-enabled credit, debit, prepaid and commuter benefits cards. The smartphone technology was developed by DeviceFidelity Inc.
Visa's payWave has also been used in Kuala Lumpur, Singapore, Paris and London.
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