Article Highlights

Key Takeaway:

The Metropolitan Transportation Authority said it is seeing nearly 40% of trips taken on its New York City Subway paid for through the agency’s OMNY service, which is used mainly for open-loop payments. About two-thirds of OMNY transactions come from riders tapping digital wallets, according to the agency.

Key Data:

OMNY accounted for just under 37% of trips on the subway in August. That’s up from just over 28.1% of rides paid for through OMNY six months earlier, according to MTA.

Organizations Mentioned:
MTA (New York)

The Metropolitan Transportation Authority said it is seeing nearly 40% of trips taken on its New York City Subway paid for through the agency’s OMNY service, which is used mainly for open-loop payments.

This premium content is only available to subscribers

Article has about609words.

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.