Article Highlights
The MRT Authority of Thailand in Bangkok is disappointed with the adoption rate of its open-loop payments service. It has launched a Visa-branded prepaid EMV card to give riders without credit cards or who don’t want to use them to pay fares another means of fare payments. It seeks to replace its “legacy” closed-loop card with the EMV-enabled card.
• Breakdown on share of MRTA ridership paid for by open loop, closed loop and single-ride paper tickets.
• MRTA (Thailand)
• Krungthai Bank (KTB)
• Visa
Open-loop payments account for 13% of rides on the main metro line of the Mass Rapid Transit Authority of Thailand in Bangkok. Many transit agencies would be happy with that adoption rate–especially less than two and a half years after introducing the service.
But Thai MRT officials are disappointed. And that’s a key reason they launched a prepaid Visa-branded
Subscription Required
This premium content is only available to subscribers
Article has about854words.
To keep reading, subscribe today
Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.
