Article Highlights

Key Takeaway:

NFC mobile wallets are making up a growing percentage of contactless EMV fare payments for those transit agencies that have introduced the technology.

Key Data:

NFC mobile wallets, such as Apple Pay and Google Pay made up 20% of contactless EMV fare payments as of October 2019, Transport for London confirmed.

Organizations Mentioned:

• Transport for London
• Apple
• Transport for Greater Manchester
• TriMet

Use of NFC wallets continues to steadily increase as part of Transport for London’s landmark contactless payments service, with payments from NFC-enabled smartphones and smartwatches now accounting for 20% of all contactless payments, NFC Times has learned.

Subscription Required

CLOSE

This premium content is only available to subscribers

Article has about1098words.

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.

Subscription Options

Already a member? Log in here