News

Elavon facilitates contactless payments for SEPTA commuters

Friday 7 June 2024 10:43 CET | News

Elavon, a subsidiary of U.S. Bank and a global payments processor has teamed up with SEPTA to provide contactless payment options for transit services.

Elavon’s Mass Transit Payments are designed to simplify and secure riders' transactions, allowing everyone to concentrate on reaching their destinations smoothly and securely. Southeastern Pennsylvania Transportation Authority (SEPTA) is one of the transit systems in the United States offering daily ridership for multiple customers and individuals. 

In addition, both SEPTA and Elavon will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while also prioritising the process of remaining compliant with the regulatory requirements and laws of the local industry. 

 

Elavon, a subsidiary of U.S. Bank and a global payments processor has teamed up with SEPTA to provide contactless payment options for transit services.

 

More information on the announcement 

Elavon’s Mass Transit Payment solution is expected to remove the need for unnecessary terminal equipment and specific transit cards, reducing transaction costs and streamlining boarding processes for transit agencies. 

Moreover, contactless payments not only improve the process of streamlining transaction monitoring and organization through online banking or monthly credit card statements but also provide transit agencies with optimised insights into their ridership volume and fluctuations. The Visa Acceptance Platform will act as both the gateway and payment management system for Mass Transit Payments.

Riders can now enjoy the convenience of tap-and-board payment without the need for a ticket, reducing the number of cards in their wallet and eliminating paper tickets.

This collaboration expands Elavon’s Mass Transit offerings, bringing their contactless payment solutions to transit systems around the world. Noteworthy locations where these services are available include Venice and Genoa in Italy, along with Monterey in California and Myrtle Beach in South Carolina.


Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: partnership, contactless payments, payments , online payments, digital payments, mobile payments, ecommerce
Categories: Payments & Commerce
Companies: Elavon, SEPTA
Countries: United States
This article is part of category

Payments & Commerce

Elavon

|

SEPTA

|
Discover all the Company news on Elavon and other articles related to Elavon in The Paypers News, Reports, and insights on the payments and fintech industry: