This article first appeared in the Railway-News magazine, Issue 4 2022 Data & Monitoring edition.
Switchio is Visa Transit Ready.
In a world where urban commuters are increasingly demanding speed, security and convenience in public transit, Visa-certified Ready for Transit partners are committed to providing the latest in cEMV payment technologies in line with Visa’s exacting global quality and reliability standards.
Public transit network operators often use proprietary ticketing and fare collection systems based on closed-loop payment cards issued for a specific network or mode of transport. While these cards may work well within the given system, they are effectively useless anywhere else, and that makes them highly inflexible. Moreover, the infrastructure required to administer them is costly and complicated.
When switching from a closed-loop system to an open-loop one, transit operators who turn to a Visa Ready for Transit partner such as Switchio free themselves of the immense financial and time burden stemming from the development of a modern cEMV payment infrastructure. They can devote more resources to other key aspects of their business, like growing ridership by offering the best-possible commuter experience.
Visa Ready for Transit gives operators easy access to a wide variety of certified technology partners to speed up implementation of new payment systems, including terminals, back- office infrastructure and flexible payment gateways.
Switchio is unique in that its innovative payment technology is delivered as a comprehensive off- the-shelf solution encompassing everything operators need to upgrade their system and begin saving money.
Railway-News magazine Issue 3 2022: Switchio - Passengers Want Faster Boarding and Transparent Fares: cEMV Payments Make It Easy.
Budapest public transport operator, BKK, has commenced a pilot scheme for an innovative contactless fare payment platform from 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'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.
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.
Use the form opposite to get in touch with Switchio® directly to discuss any requirements you might have.