NFC TIMES Exclusive Insight – Vancouver is the latest major city to enable riders to tap to pay fares with contactless bank cards, including card credentials loaded into such NFC-enabled mobile payments services as Apple Pay, Google Pay and Samsung Pay.
Vancouver-area transit authority TransLink turned on the open-loop fare collection service Tuesday. But the service is unlikely to attract a lot of use in the near-term, except perhaps by tourists and others visiting Canada’s third largest city, because TransLink is not yet offering customers who pay with their bank cards or mobile wallets a discount over the single-ride cash price–as it does when riders use the authority’s closed-loop Compass Card.
U.S.-based Cubic Transportation Systems, the systems integrator for the Vancouver project, noted in an announcement Tuesday that the TransLink open-loop fare collection service has a “similar level of functionality as the world-class contactless payments system in London.”