Mobile payment and transit trial underway in Taiwan

Taiwanese Cathay United Bank has launched a trial for mobile payments and transit in Taipei. The project enables bank customers to use their mobile phones to make contactless payments at local stores and to access the Taipei public transit system. The NFC-capable microSD cards used as a secure element in this project are supplied by Giesecke & Devrient Secure Flash Solutions. The mobile security card SWP microSD card is the first in Taiwan that is compliant with MasterCard PayPass standards. This card has b
August 1, 2012 Read time: 2 mins
Taiwanese Cathay United Bank has launched a trial for mobile payments and transit in Taipei. The project enables bank customers to use their mobile phones to make contactless payments at local stores and to access the Taipei public transit system. The NFC-capable microSD cards used as a secure element in this project are supplied by Giesecke & Devrient Secure Flash Solutions. The mobile security card SWP microSD card is the first in Taiwan that is compliant with MasterCard PayPass standards. This card has been approved for this trial project, which allows users to pay at popular local convenience and department stores by simply tapping their 3876 HTC phone on a specially equipped merchant terminal.

Additionally, the Mobile Security Card SWP has been approved by v Corporation to be used as a contactless ‘EasyCard’, the popular contactless transit card for the Taipei Metro (MRT) and buses. As an alternative to topping up the card’s balance with banknotes, there is an auto top-up feature which allows the card’s balance to be topped up via MasterCard’s credit card functionality, so no cash is needed. Pre-charged fares are deducted automatically from the card when the HTC NFC phone with Mobile Security Card SWP is passed over the EasyCard sensor on fare gates, aboard buses or in merchant stores.

Related Content

  • Anywhere card delivers prepaid contactless ticketing
    January 25, 2012
    David Crawford investigates a far reaching initiative in integrated travel. The Port Authority Transit Corporation (PATCO), an operator of high speed commuter rail in the north eastern US, is not one of the world's best known transit providers. Its 13 stations along a single east-west route (three of them interchanges with other regional commuter lines) handle 40,000 passengers a day, travelling to and from Philadelphia, the US' fifth most populous city.
    Read More
  • London transport to get contactless payment
    July 28, 2014
    Millions of customers are set for easier and more convenient journeys from 16 September, when Transport for London (TfL) will introduce contactless payments for all pay as you go customers on the Tube, London Overground, DLR and trams in addition to the capital's buses. The new option means that passengers will no longer be any need to top up Oyster card balances because fares are charged directly to payment card accounts. Contactless payments - credit, debit, charge or pre-paid cards or devices - work i
    Read More
  • Cubic wins contract from MTA to replace MetroCard with new fare payment system
    October 27, 2017
    Cubic Transportation Systems (CTS) has been chosen for a contract valued, $539.5 million (£409.4 million) with additional options worth $33.9 million (£25.7 million), by the New York Metropolitan Transportation Authority (MTA) to replace the MetroCard with a fare payment system similar to Transport for London (TfL). The new system is designed with the intention of providing an enhanced and integrated travel experience across the region including seamless access to Long Island Rail Road (LIRR) and Metro-Nort
    Read More
  • How public transit improves quality of life
    June 29, 2022
    There are various reasons why Mobility as a Service is catching on more in Europe than the US – but there are still other ways in which access to mobility can be improved across the states, finds Gordon Feller
    Read More

Highlighted Content