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Visa Expands Global Network of Partners to Promote Contactless Payments in Public Transportation

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14 technology companies join launch partners Vix andÌýWorldlineÌýas Visa Ready for Transit partners

VisaÌý(NYSE: V) announced it has signed 14 new technology companies, from across 10 countries, as part of its Visa Ready for Transit program. The program works with companies whose technology solutions are accelerating seamless, friction-free commuting with contactless payments – helping to promote contactless growth in public transportation globally. The Visa Ready for Transit program was first announced inÌýNovember 2017Ìýwith initial partners, Vix andÌýWorldline.

The Visa Ready certification sets a benchmark for high-quality, ready-to-deploy solutions, enabling transit companies to implement a more convenient experience for commuters worldwide using secure solutions.

“We’re seeing renewed interest from transit-related companies around the world to learn how new innovations in payments can improve their customer experiences,â€� saidÌýJason Blackhurst, senior vice president, innovation and strategic partnerships, Visa.Ìý“Since launching Visa Ready for Transit, we’ve welcomed 16 world-class technology partners to the program, ranging from small tech companies to multinational organizations. Each of these partners are empowered to help extend the benefits of Visa’s digital payment technology to transit companies around the globe.â€�

The newest Visa Ready for Transit partners all produce software or hardware to support a more seamless commute for people around the world:

  • AS Ridango (Estonia)Ìýprovides state-of-the-art transit solutions and services.
  • BBPOS International LimitedÌý(Hong Kong)Ìýdistributes mobile point-of-sale (mPOS) technology.
  • Conduent Business Solutions (France)Ìýprovides diversified business process services offering capabilities in transaction processing, automation and analytics.
  • Digicon (Brazil)Ìýspecializes in the provision of access controllers (turnstiles), traffic controllers, parking control systems (parking meters), electronic time clocks and automatic ticketing systems for urban transportation.
  • FIME (France)Ìýworks with transit operators to deliver the interoperability of fare collection systems to provide seamless travel to commuters.
  • Mennica PolskaÌý(Poland)Ìýis a leading Polish ticketing operator and automatic fare collection solutions integrator.
  • PaycraftÌý(India)Ìýprovides contactless, open loop products with capabilities of processing online and offline transactions.
  • Perto (Brazil)Ìýdevelops technology products and services for banks and retailers.
  • Planeta Informática (Brazil)Ìýprovides solutions for secure online and offline payment systems and devices.
  • Quadrac (Japan)Ìýprovides ultra-high-speed payment servers and proximity communication devices.
  • Schiedt&Bachmann (Germany)Ìýprovides intelligent ticketing and information systems.
  • Spire Payments (Luxembourg)Ìýprovides point-of-sale hardware and software solutions.
  • Smartran LtdÌý(United Kingdom)Ìýdelivers smart business solutions utilizing contactless EMV and NFC mobile applications.
  • T-Systems LtdÌý(United Kingdom)Ìýoperates information and communication technology systems for multinationals and public sector institutions.

Visa Ready for Transit is part of the overallÌýVisa ReadyÌýprogram, which helps accelerate the adoption of new technologies by helping third-party payment solutions quickly reach global acceptance. The program allows developers to ensure their solution meets Visa’s security standards and specifications across a range of solutions from transit to biometrics and theÌýInternet of Things. Technology companies who would like to become Visa Ready can register their interest here:Ìýhttps://visaready.visa.com/.

AboutÌýVisa Inc.

Visa Inc.Ìý(NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visitÌýusa.visa.com/about-visa.html,Ìývisacorporate.tumblr.comÌýandÌý@VisaNews.

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