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News: Chase and Visa Making It Easier for Cardholders to Commute in NYC - Credit-Land.com

Chase cardholders will soon be able to get around NYC easier because the City and Chase have partnered up so that cardholders will be able to get into the subway or on the bus with just a tap using their Visa contactless card. With this upgrade, they will no longer have to wait in line to fill up their MetroCard. This upgrade will be rolled out in stages starting on Mary 31st.

Cardholders will be able to use either a contactless credit card or debit card to get a ride on NYC transit. Chase has also included Chase Secure Banking customers in the mix so they too will be able to use their card to get through the turnstile quickly and easily. "Customers have been quick to adopt tap to pay and we’ve already seen it exceeding digital wallet use for customers who have contactless cards," said Abeer Bhatia, president of Card Marketing, Pricing, and Innovation at Chase.

"Now they will be able to tap to pay for their daily transit needs, and experience how quick and easy it is to check out thanks to contactless cards," he added.

Riding the green line with Chase

On May 31 cardholders will be able to use their contactless cards to get on to the 4/5/6 lines between the Grand Central-42nd St. station stop and the Atlantic Ave-Barclays Center station stop. Plus all the buses on Staten Island will be outfitted with the new technology.

As time goes on all the subway lines in the city along with the bus routes will be outfitted with contactless technology.

"Contactless payments have shaped the way consumers pay all over the world, saving valuable time and delivering a fast, easy and secure way to pay. We are excited to be working with Chase and the MTA to improve New Yorkers' daily routines with an easier way to not only get around but also pay for the things they buy every day," said Dan Sanford, Global Head of Contactless Payments, Visa.

Chase cardholders can get more information on the website Chase set up for this initiative.

Branching out

The Chase merchant services team was involved in the development of the new payment system being used by the MTA to pave the way for the use of tap to pay technology.

As time goes on this technology will be available to other cities so they can upgrade their transit systems.

tags : Banks Travel Payment Technologies

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