“It will be important for governments to provide a level playing field for card providers to ensure greater consumer choice and access to seamless payment options.”
A new study by the Tourism and Transit Forum (TTF) called The Future of Mobility has urged governments around the country to ensure that all payment schemes are included in open loop ticketing systems as they are rolled out across public transport networks.
The report says: “In recent years, smartcards such as Opal, Myki and GoCard have been introduced across Australia, transforming how commuters pay for services. However, these cards will be replaced in the near future as transport authorities move towards ‘open-loop’ and contactless ticketing solutions allowing customers to pay for transport services with their debit and credit cards, digital wallets and smartphones. As this technology is rolled-out, it will be important for governments to provide a level playing field for card providers to ensure greater consumer choice and access to seamless payment options”.
The report also notes the success of open loop ticketing in London. Transport for London (TfL) has led the way with contactless payments, introducing technology developed by Cubic Transportation Systems (CTS) that allows commuters to pay for fares quickly with just a tap of a contactless enabled card or mobile device. The technology was quickly embraced by commuters, with more than one billion journeys now made by contactless payment cards. 40 per cent of all pay as you go journeys are now made using open loop contactless technology, up from 25 per cent in early 2016.10
eftpos is a member of TTF which is the only national multi-modal transport advocacy group in Australia and is committed to improving the quality of passenger transport across the country. The report can be found here: