The Singapore Land Transport Authority (LTA) and Mastercard will launch a pilot for an Account-Based Ticketing (ABT) System for public transport, by allowing the usage of contactless credit cards and contactless debit cards for fare payments. Singapore will be the first in Asia, and one of the few cities in the world, to enable this.
The pilot will be launched on 20 March 2017, and will be applicable for all public bus and train rides. LTA and Mastercard hope to attract at least 100,000 commuters to participate in the pilot. Cardholders who are accepted in the pilot will be able to enjoy a “tap and go” fare payment experience by simply tapping their Mastercard contactless credit or debit card on the bus or MRT fare readers. Through the TransitLink ABT Portal or Mobile Services app, they will be able to track their journey and fare payment history.
“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,” Ngien Hoon Ping, Chief Executive of LTA, said.
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