As cities around the world continue their digital transformation, there is increasing demand in crucial sectors for smart technologies that deliver real benefits, and public transport is no exception. Switchio’s comprehensive white-label solution for contactless EMV payments gives operators across a variety of transit platforms a powerful tool for managing passenger fares and tracking line occupancy. The solution is built around a secure open-loop switch that automatically aggregates payments and routes them to multiple acquirers, resulting in reduced transaction processing fees; operators can easily change acquirers or add new ones as needed. The system also supports different fare models and a wide range of EMV terminal hardware options.
Among the more tangible benefits of digitalisation are the elimination of outdated paper ticketing systems and the expense of servicing and maintaining mechanical vending machines and validators. Cash handling activities and related employee training are reduced to a minimum. Passengers appreciate faster boarding and the convenience of not having to purchase paper tickets ahead of time. Moreover, the contactless EMV payment system does away with conventional flat-fare systems, instead calculating the price of a journey based on actual time in transit. It comes as no surprise, then, that public transport operators transitioning to fully digital payment systems have seen an increase in ridership and overall passenger satisfaction.
Bus-News magazine Issue 2, 2023: Budapest Public Transit Network Continues Digital Transformation with Trial of Pay&Go Technology.
Bus-News magazine Issue 2, October 2022: Switchio – A Visa and Mastercard Partner for cEMV Payments in Public Transport.
Budapest public transport operator, BKK, has commenced a pilot scheme for an innovative contactless fare payment platform from Switchio.
In cooperation with Mastercard and K&H, BKK has commenced testing of an innovative contactless fare payment platform powered by Switchio.
Switchio will present its solution and vision for the future of public transportation at UITP 2023 in Barcelona.
Switchio discusses contactless open-loop fare payments and how they result in better performance metrics for transit agencies.
Meet Switchio at Transport Ticketing Global on 7-8 March 2023 in Olympia London, the most significant public transport forum event.
Switchio is attending the most significant public transport forum event for smart ticketing and mobility professionals on 7–8 March.
Switchio has aided in the digitalisation & modernisation of fare payments in the city of Ostrava, Czechia.
Switchio's unique all-in-one cEMV payment solution meets Visa’s exacting global standards for quality and reliability.
Meet Switchio Transport at InnoTrans 2022 to discuss its innovative solution for cEMV payments in public transport.
By tapping into Mastercard Transit & Mobility Solutions, agencies gain access to innovative solutions such as Switchio’s all-in-one cEMV payment platform.
Switchio will be presenting its unique cEMV payments solution on 28 and 29 June 2022 at booth b14 of Transport Ticketing Global Olympia London.s
In a strategic partnership, Switchio and Enghouse Transportation, have secured a contract to bring contactless EMV payments to public transit in California.
Switchio will be showcasing its comprehensive platform for processing electronic payments at IT-TRANS 2022.
Switchio looks at how the COVID-19 pandemic has brought the public transportation sector closer to fully embracing digital ticketing systems.
The relentless growth of urban populations around the world presents unique challenges to public transit agencies, as ridership demand increases.
In cooperation with Sonda, Switchio brought digital transport payments to Guatemala City in the middle of May.
Thanks to Switchio, commuters in Poland can now use contactless payments to travel on the city’s buses and trolleybuses.
Use the form opposite to get in touch with Switchio® directly to discuss any requirements you might have.