Mastercard is partnering with global investor Meridiam to help upgrade transit systems by introducing smart payments and laying the groundwork for mobility-as-a-service (MaaS), Mastercard said in a press release on Wednesday (Nov. 20). During the next few months, Mastercard and Meridiam will work to identify...
March 17, 2023
As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only benefit ridership and relieve urban congestion, but also promise greater financial inclusion. A study from the Visa Economic Empowerment Institute (VEEI) titled “Reimagining Ridership: Open-loop Payments and the Future of […]
November 20, 2019
Mastercard is partnering with global investor Meridiam to help upgrade transit systems by introducing smart payments and laying the groundwork for mobility-as-a-service (MaaS), Mastercard said in a press release on Wednesday (Nov. 20). During the next few months, Mastercard and Meridiam will work to identify key cities that are looking to transform their urban mobility […]