In a bid to ease the stress that some New Yorkers may get when paying for public transport costs, a new idea from Visa has now been developed. For those who have to pay for subway, bus and train fares, the iPhone can now be used instead of the usual payment methods.
Christina Warren at Mashable has reported, that this latest concept is still only in the early stages but indications show that “New York City Transit” and the “Port Authority” of New York, have already started to embrace this idea. Presently, New Yorkers have to buy or top up a Metro card to travel, but it is hoped that once Visa has tested their payment cards and Visa payWave-enabled smartphones, users will then be able to just wave their cell phones in front of a reader.
It works when the smartphone equipped with a special sensor can transmit payment information to contactless card readers at fare gates.
What do you think of this latest idea? Will it save travellers time? Give us your thoughts. Check out the video below showing the new concept.
To read more on this log onto Mashable
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