New York’s Metropolitan Transit Authority (MTA) is seeking permission to borrow from the Federal Reserve’s $500 billion Municipal Liquidity Facility (MLF) due to coronavirus-related troubles, Bloomberg reported. The agency’s idea is that more funding will help to restore transportation services to normal, thus spurring on...
When Visa, Chase, New York’s Metropolitan Transportation Authority (MTA), and other industry leaders co-launched a contactless payments pilot seven months ago, they started small, and with modest goals. This “public pilot” made contactless payments available on a few train lines, and only at 16 stations,...
New York’s Metropolitan Transportation Authority (MTA) joined Visa and Chase at a press conference on Wednesday (Dec. 11) to announce the expansion of tap to pay at Penn Station. The MTA started piloting the system – called OMNY, short for One Metro New York –...
Mastercard has announced that cardholders who tap to pay for subway rides on Fridays in June and July will get refunded fares, and have the chance to win Priceless Surprises, the company said in a release. It’s called the Mastercard Fareback Friday program, and any...
November 02, 2017
New York City commuters – arguably the most on-the-go demographic in the United States – do not want to wait for anything. Which means the inefficient, rush-hour obstacle course that stands between commuters getting their tickets and catching their trains needs to have far fewer obstacles. Mastercard’s VP of urban mobility, Will Judge, believes that particular piece of inefficiency should be eliminated from […]
June 03, 2020
New Yorkers who were hoping the city’s public transportation network would soon accept contactless payment will have to wait. The Wall Street Journal reported the Metropolitan Transportation Authority (MTA) had planned to launch its One Metro New York (OMNY) tap-and-pay fare system in October, but COVID-19 put the brakes on its installation. As a result, […]
May 21, 2020
New York’s Metropolitan Transit Authority (MTA) is seeking permission to borrow from the Federal Reserve’s $500 billion Municipal Liquidity Facility (MLF) due to coronavirus-related troubles, Bloomberg reported. The agency’s idea...
December 11, 2019
New York’s Metropolitan Transportation Authority (MTA) joined Visa and Chase at a press conference on Wednesday (Dec. 11) to announce the expansion of tap to pay at Penn Station. The...
May 30, 2019
Mastercard has announced that cardholders who tap to pay for subway rides on Fridays in June and July will get refunded fares, and have the chance to win Priceless Surprises,...
