Aurionpro Transit & Mastercard to offer digital payment solutions for commuters
By Gloria Mathias
Mastercard has partnered with Aurionpro Transit, a global provider of smart ticketing and payment systems, to provide commuters with a next-gen contactless payment method for public transport.
The partnership brings integrated digital payment to urban mobility across the region, providing commuters with a fast, convenient, and secure payment experience across all forms of public transportation, including trains, buses, bikes, scooters, taxis, ride-hailing, and more.
Commuters will be able to tap-and-go using any digital wallet paired with a Mastercard card. Mastercard’s open-loop solutions ensure commuters can utilise the same digital wallet across all transit modes and in numerous cities, eliminating the need for multiple cards or regular top-ups.
For transit agencies and authorities, the partnership enhances their ability to design and deploy user-friendly payment solutions and provide their commuters with a seamless and convenient travel experience.
Sanjay Bali, CEO Aurionpro Transit, said: “We are thrilled to join hands with Mastercard, the global leader in urban mobility payment solutions. This collaboration marks our mutual commitment to drive the widespread adoption of smart public mobility solutions, delivering cutting-edge technologies and integrated ticketing and payment solutions to transport authorities and operators worldwide. With Mastercard’s renowned expertise in urban mobility payments and our dedication to innovation, we aim to simplify and enhance the travel experience for commuters across all modes of transportation, ushering in a new era in contactless Tap n Go solutions.”
Kok Kee Lim, Senior Vice President, Government Engagement, Mastercard Asia Pacific, said: “Our partnership with Aurionpro Transit signifies a pivotal step towards realising our combined vision for the future of urban mobility payments. This vision extends beyond borders, opening doors to global opportunities in the dynamic domains of mobility ticketing, micro-mobility, and payment solutions. With steadfast dedication and innovation as our driving forces, we are set to pioneer advanced technologies, delivering integrated ticketing and payment solutions on a global scale.”
Over the next five years, the combined expertise of Aurionpro Transit and Mastercard will strengthen the development of innovative ticketing technologies, helping to define the future of digital mobility and improve the overall travel experience for commuters worldwide.
IBSi Daily News Analysis
January 16, 2024
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