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Citi, MasterCard to Test Contactless Payments in New York City Subways

by Peter Andrew

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Citi,

MasterCard to Test Contactless Payments in New York City Subways

Citibank and MasterCard International announced today that they

will be working with New York City's Metropolitian Transportation

Authority (MTA) to test contactless subway payments via credit

card. Starting this spring, pre-selected holders of Citi credit

cards equipped with MasterCard's PayPass technology will be

able to pay their fares by tapping their cards or keychain-sized

payment tags in front of special card readers mounted on subway

turnstiles.

The

trial will last six months and not be system-wide, but will

instead take place at select Lexington Avenue Line 4 5 6 stations.

In addition, the riders using the PayPass feature will be pre-selected

Citi customers versus all riders who hold Citi credit cards.

?Contactless

payments hold the promise of simplifying fare payment for customers

who travel throughout the MTA network, while also providing

for operating efficiencies and cost savings,? said Metropolitan

Transportation Authority Executive Director Katherine N. Lapp.

 

Published 01/30/06 (Modified 05/07/12)


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