*1-2 United Nations 2018 Revision of World Urbanization Prospects https://population.un.org/wup/ ** Working Paper from University of California Berkeley Department of Civil and Environmental Engineering
Mass Transit rider benefits
Visa’s Mobility and Transport Transaction (MTT) and Known Fare Transaction (KFT) framework is designed to create inclusive, seamless and ultra-efficient experiences, for the customer.
High transaction speeds allow riders to get in and out of public transit systems quickly and efficiently. High transaction speeds are critical to getting riders in and out of public transit systems.
Transit agency benefits
Access to an expanded network of technology partners which can help expedite overall time-to-market by simplifying the process of identifying the right partner solution for a project. This includes terminal, back office, and payment gateway solutions.
Visa Ready certified solutions meet Visa’s standards for quality and reliability and adhere to Visa's MTT and/or KFT transit framework requirements.
Implementation of multimodal ticketing has been shown to “get riders in and out of public transit systems faster.”
Faster ticketing can lead to enhanced rider access to transit which could help reduce the cost of fares.
Access specifications, implementation guides, and Visa expertise to build and deploy solutions that align with Visa’s transit frameworks.
Promote your certified Transit solution on the Visa Partner partner directory and receive additional go-to-market support.