Transit Ticketing Today

MTA reports 4m contactless ticketing transactions

MTA expands Omny to Penn Station — New York Metropolitan Transportation Authority — “The Metropolitan Transportation Authority (MTA) announced today that its cutting-edge Omny contactless fare payment system is now available at the 34 St-Penn Station intermodal complex, one of the busiest transit hubs in North America… The news comes hot on the heels of another major milestone: the recent surpassing of 4m taps, far exceeding even the most optimistic usage projections.”


Transit Ticketing Today

NFC ticketing to go live on Washington DC trains and buses in 2020

Starting some time next year, you can tap into Metro with an IPhone — DCist — “The service will be available on Apple products first, but a Google spokesperson confirms that the company is also working with Metro to launch a mobile card for Android users in 2020… Once Apple turns on the service, it will be available to use at every station, on every bus, and in every parking garage on the system — anywhere SmarTrip can be used.”


What's New in Payments

Report: US retailers must pay a premium for Apple Card transactions

Retailers don’t like paying the fees for your Apple Card — Bloomberg — “The card, marketed by Apple and backed by Goldman Sachs Group Inc, is designated ‘elite’, which allows it to levy significantly higher interchange fees on each swipe or tap… The cards have long irked retailers. They have no choice but to pay the higher fees for elite plastic if they want to accept any of a network’s credit cards.”



JPMorgan Chase to tokenize open banking permissions

JPMorgan Chase, Envestnet l Yodlee sign agreement to increase customers’ control of their data — JPMorgan Chase & Co — “Envestnet I Yodlee is committing to send 100% of its requests for Chase customer data through the bank’s secure API (application programming interface). This will ensure the apps can receive Chase customer data they need while customers control what’s shared with whom…. Because the secure API uses a token-based approach, customers will no longer need to give out their username and password.”



What's New in Payments

Discover lets cardholders pay with points at PayPal merchants

Discover and PayPal collaboration gives cardmembers new way to redeem rewards — Discover Financial Services — “Discover cardmembers can now use their Cashback Bonus or Miles to pay for purchases at millions of online stores through PayPal… Once cardmembers link their Discover card with PayPal, they can instantly redeem any amount of their rewards on eligible purchases at checkout.”


What's New in Payments

BMW lets drivers order meals from their cars

Olo and pilot brands experiment with in-car ordering trial — Olo — “The online ordering experience is designed for easy pre-configuration of orders, making saved favorites and repeat orders easy. Trial participants can order and pay with the push of a button and follow driving directions to pick up their orders… Nekter Juice Bar and Portillo’s Hot Dogs are the first live brands to participate in the in-car ordering pilot.”




What's New in Payments

Survey finds US consumers would switch to mobile payments to save money

Ibotta Holiday Shopping and Mobile Payments Study — Ibotta — “Of the 61% of survey respondents who have used their phones to make an in-store purchase, 63% are motivated by payment methods that offer rewards, rebates and cash back, while 55% would be inclined to adopt mobile payments if the solutions saved them money… More than half (52%) of these shoppers say they feel overwhelmed by the large number of mobile payments and rewards programmes.”


Transit Ticketing Today

MTA to expand Omny open loop ticketing to all New York bus services and subway stations

Hand with nfc contactless smartphone over ticket reader

New York’s Omny contactless fare system is to undergo “a blitz phase of installations that will bring the popular new contactless fare payment system to all 472 stations as well as all MTA bus routes by the end of next year,” the city’s Metropolitan Transportation Authority (MTA) has announced... More


What's New in Payments

Bank of America adds face recognition to mobile banking app

Bank of America updates Android app to support Pixel 4 face unlock — 9to5Google — “Release notes for version 8.3.11 of Bank of America for Android prominently mentions the ‘Ability to sign in with face unlock (Pixel 4 only)’… After updating, you’ll need to enter your password one more time, and select the ‘Set up biometric sign-in’ checkbox. After completing BofA’s process, Pixel 4 face unlock will work on all subsequent sign-in attempts.”