Trials for cashless commutes to widen
Trial for use of MasterCard to pay for rides extended; LTA to also try out payment by mobile phones
Singapore
TWO in every three public-transport commuters in Singapore still use cash to reload their EZ-link cards, and maintaining the top-up facilities at train stations and on buses imposes extra costs of S$20 million each year.
With the push under the Smart Nation initiative to have a fully cashless public transport system by 2020, the government hopes that, at some point, all commuters, including tourists, will not have to endure the hassle of cash top-ups.
As Senior Minister of State for Transport Lam Pin Min put it, they should not even need a CEPAS card to pay for their public transport fares, as more people get on board the new …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales
Capital A chief Fernandes defers retirement, renews contract for five years
Victims’ families to urge US prosecute Boeing over fatal crashes