Tagged: transit

Mastercard Enhances Mobility with Open-Loop Transit Payments in Azerbaijan

Mastercard (NYSE: MA) says that it now stands at the center of the mobility evolution. As the technology company in transit payments, Mastercard clams that it is transforming how individuals travel — making journeys and experiences more frictionless for people throughout the world. Across the… Read More

Singapore: NETS Launches Prepaid Card with Daily Spending Limits of SGD 1000

Network for Electronic Transfers (NETS) has announced the launch of the NETS Prepaid Card, which is described as its first “smart” stored-value card for retail and transit. There is reportedly no minimum age, income requirement, annual subscription fees or credit checks needed for the purchase… Read More

Marqeta Selected as Payment Processor for Opal Plus in Australia

Marqeta (NASDAQ: MQ)has been selected as the payment processor for Opal Plus, the new transit program for Transport for NSW (TfNSW). The New South Wales (NSW) transit program is being offered in partnership with Mastercard Prepaid Managed Services (MPMS). The NSW government is introducing Opal Plus,… Read More

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