The
open-loop
EMV
tap-to-ride
system
is
rapidly
gaining
popularity
worldwide.
Within
just
eleven
months,
Visa’s
network
processed
two
billion
tap-to-ride
transactions
globally,
reflecting
a
25%
year-on-year
increase[1].
This
growth
underscores
the
strong
consumer
preference
for
this
convenient
payment
method,
now
available
to
commuters
on
HCMC
Metro
Line
1.
With
over
830
“Tap
to
Ride”
projects
globally[2],
Visa
is
demonstrating
its
dedication
to
transforming
urban
mobility
with
simple,
convenient,
and
secure
digital
payment
solutions.
“Visa is committed to being an essential partner in enhancing Vietnam’s transit experience,” said Ms. Dung Dang, Visa Country Manager for Vietnam and Laos. “By introducing tap-to-ride technology on HCMC Metro Line 1, we are simplifying daily commutes, supporting Vietnam’s digital transformation, and improving passenger experiences. This initiative is in line with the government’s long-term plans to modernize urban mobility.”
Globally,
over
80%
of
Visa’s
face-to-face
transactions
are
conducted
via
tap-to-pay[3].
By
the
end
of
February
2025,
over
76%
of
face-to-face
transactions
on
Visa
cards
in
Vietnam
were
contactless[4].
This
shift
to
contactless
payments
will
enhance
travel
efficiency,
offering
significant
benefits
for
both
operations
and
commuters.
With its extensive global experience in seamless and secure digital payments for urban transit systems, Visa is launching the “One Tap to Every Station. Go Metro – Tap Visa” initiative. This aims to revolutionize the commuting experience and promote sustainable mobility in Vietnam, aligning with the nation’s digital transformation and urban mobility modernization goals. Visa’s commitment to providing the best way to be paid is set to transform the way people travel, making daily commutes more convenient, seamless, and secure for everyone.
[4]
VisaNet
data
at
the
end
of
Feb
2025.
https://www.visa.com.vn/en_VN/about-visa/newsroom.html
https://www.linkedin.com/company/visa
https://www.facebook.com/visavn
Hashtag: #Visa #HCMCMetroLine1
The issuer is solely responsible for the content of this announcement.
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