Mastercard and Transport for New South Walesthe transportation authority f in Australia, has announced partnership to deliver a trial of the Opal digital card to the transport users.
Mastercard’s solution gives transit agencies the ability to design, develop, and deploy customised prepaid digital payment solutions, delivering contactless transit payments to riders. Transport for NSW customers can benefit from a prepaid digital wallet that allows them to tap-and-go on all forms of public transport across the state of New South Wales using their mobile or wearable device with Apple Pay and Samsung Pay. Google Pay functionality will also be made available.
Mastercard worked with its partners at the Commonwealth Bank of Australia and EML Payments to bring the Opal digital card pilot.
“People want to get from place-to-place, and they want to do it fast. If you’re a user of public transportation in New South Wales our collective partnership now allows you to tap-and-go on the transit system right away using a digital Prepaid card,” said a Transport for New South Wales spokesperson. “The Opal digital card delivers a fast, easy and secure payments experience to get you faster to where you need to go.”
“Mastercard is thrilled to work with Transport for NSW with the support of its partners at Commonwealth Bank of Australia and EML Payments Limited to help them deliver increased choice, flexibility and confidence in transit experiences for their customers. Consumer needs have evolved rapidly over recent months and it’s important that all parties work together to leverage payment innovations like Mastercard’s solution to deliver safe and convenient experiences,” said Sue Kelsey, Executive Vice President of Consumer Solutions at Mastercard. “Using Mastercard’s new prepaid technology platform and Managed Services capabilities, Mastercard’s customers can easily design, develop and deploy customised digital payment experiences their customers expect and deserve today.”
“CBA is delighted to be part of the transport payment solution that offers a digital solution to commuters,” said Andrew Hinchliff, Group Executive for Institutional Banking & Markets at Commonwealth Bank of Australia. “We look forward to Sydney commuters enjoying an alternative option in how they choose to pay for their travel, and hope they enjoy the speed, convenience and security that it offers.”
“EML is delighted to partner with Transport for New South Wales, Mastercard and Commonwealth Bank of Australia to deliver a truly digital payments experience that revolutionises the way commuters think about and pay for travel,” said Andrew Betts, Group Chief Risk Officer at EML Payments Limited. “The move away from a plastic card solution to a tokenised offering provides greater security for commuters and from a corporate responsibility standpoint is environmentally friendly.”
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