https://www.scmp.com/rss/516527/feed The public transport system in Hong Kong – like those in other major global cities – is steadily adopting new digital payment methods to help improve efficiency, including an open-loop system, which allows the use of bank-issued credit or debit cards or associated smart devices. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com [Sponsored article] In cities across the globe, smart mobility transit systems are increasingly common, where open-loop payment technology brings benefits that go well beyond commuter convenience. Digital payments using an open-loop system are the key to more efficient transit systems. With such systems in place, universal payment technology enables commuters to experience greater convenience: a simple “tap-to-ride” solution, using an existing credit card, debit card or mobile wallet, accessible... https://www.scmp.com/presented/news/hong-kong/transport/topics/smarter-hong-kong-transport/article/3243066/visa-tap-ride-game-changing-urban-transit-payment-method-locals-and-tourists?utm_source=rss_feed https://www.scmp.com/presented/news/hong-kong/transport/topics/smarter-hong-kong-transport/article/3243066/visa-tap-ride-game-changing-urban-transit-payment-method-locals-and-tourists?utm_source=rss_feed Fri, 01 Dec 2023 08:00:09 +0000 [Sponsored article] Hong Kong, which is home to about 7.3 million people and one of the world’s most densely populated places, has often been commended for the speed and efficiency of its public transport network. The city’s public transport system was ranked No 1 in the world – based on factors including affordability, operating hours, crowding and commute speeds – in the think tank Oliver Wyman Index’s 2022 study of 60 global cities, titled “Urban Mobility Readiness Index”. Yet the overall... https://www.scmp.com/presented/news/hong-kong/transport/topics/smarter-hong-kong-transport/article/3232689/why-digital-transport-payments-using-bank-credit-or-debit-cards-and-smart-devices-will-boost?utm_source=rss_feed https://www.scmp.com/presented/news/hong-kong/transport/topics/smarter-hong-kong-transport/article/3232689/why-digital-transport-payments-using-bank-credit-or-debit-cards-and-smart-devices-will-boost?utm_source=rss_feed Fri, 15 Sep 2023 04:00:16 +0000