Transit agencies that have rolled out open-loop contactless payments are seeing growing use of NFC wallets to pay fares, as Covid-wary passengers see convenience in tapping their phones or wearables to pay.
Such high-profile open-loop fare payments projects as those in New York City and Sydney are seeing more than half of all contactless transactions coming from NFC wallets (see chart below), with such payments services as Apple Pay, Google Pay and Samsung Pay.
New York’s Metropolitan Transportation Authority told NFC Times' sister publication Mobility Payments this week that as of the second half of September, NFC wallets made up 67% of all contactless transactions for its open-loop OMNY service. That is actually down from the past two years, but still represents strong usage.