Saturday, July 4, 2020

O-CITY joins the Visa Ready for Transit program to drive contactless payments for mass transit systems globally

Accelerated by the global COVID-19 pandemic, the world is rapidly embracing contactless payments across all public transportation benefiting millions of passengers worldwide
Acceptance to the Visa Ready for Transit program is a milestone for O-CITY, which is already operating in over 100 cities worldwide.
Joining the program will fast track O-CITY’s availability globally with the adoption of best industry standards, the affiliation to the Visa network and co-innovation with all members to further drive contactless payment adoption?
Aiming to introduce the services in India which is on a cusp of digital transformation of transportation sector
Mumbai July 3rd 2020: BPC’s smart city payment division, O-CITY, has joined the Visa Ready for Transit program for mass transit systems. Visa Ready for Transit program is designed for companies, like O-CITY, whose technology products and capabilities are helping transit agencies and riders realise the benefits of tapping to ride with a contactless card or digital wallet. Acceptance to the program means that O-CITY is a now certified partner and available to cities globally to accelerate their digital transformation. With this move, O- CITY will move a step closer to provide digital support services to Indian transportation sector.
With Visa Ready, O-CITY will overcome traditional public transport challenges
Transit authorities traditionally use their own proprietary systems to accept payments for bus, metro, train or tramway journeys. These systems use closed-loop cards, which are built solely for a specific transport mode and cannot be used to pay for anything else. Such systems are expensive and inflexible, and they force transport agencies to be their own bankers.
Visa Ready is bringing together all players in the ecosystem to drive the adoption of open-loop systems. For transport agencies, the adoption of an open-loop system frees them from the hassle of building and maintaining a complex payment system, allowing them to focus on offering the best traveller experience as travellers can pay with the mobile phone or card they already have.
The move to contactless open-loop payments will positively impact the daily lives of millions of  passengers worldwide. Both transport agencies and customers will win, and fares should be reduced, enabling greater inclusion and access to public transport.
Tokhir Abdukadyrov, SVP of smart city and transport solutions, BPC, commented: “The world is rapidly embracing contactless payments across all public transport; a situation that will only be accelerated by the COVID-19 global pandemic. With contactless payments, everyone wins. The traveller’s experience is significantly improved and you see a significant increase in the adoption of contactless digital payments to access citywide transit systems. Digital ticketing can increase loyalty and revenues. Acceptance into the Visa Ready program represents a key milestone in O-CITY’s plans to drive digital transformation in collaboration with transport operators worldwide.”
Chiranjit Chakrabarti, Head of Sales GCC, South East Asia, India, said, “India is on the cusp of reforming its transportation sector. It is going through digital transformation at all levels including in tollgates and public transports. Also, new infrastructures are being built under the ambitious Smart City program of Government of India. It is therefore an important market for O-CITY to showcase its prowess and be a part of the transformation journey of the country.”
Transport operators benefit from certified technology and business expertise
Visa Ready simplifies the process of identifying the right partner for automated fare collection and choose O-CITY to accelerate their digital transformation. O-CITY is ready to collaborate with transport operators worldwide on POC and innovative projects to further drive and accelerate the adoption of digital and contactless payments.
O-CITY is already being used worldwide by over 100 cities of all sizes, from Bogota to Nur-Sultan, Bishkek and Moscow. The expertise and experience gained by O-CITY of operations, technology and go-to market strategies can be transferred to other transport operators going through a similar journey of opening their system up to contactless payments.
Superior travel experience
O-CITY enables tap-to-pay for travellers using their existing Visa card, a mobile phone or a wearable device such as a smartwatch. The use of contactless payments at public transport gates is growing globally, removing the need for passengers to carry paper tickets, own an additional travel card or queue at a counter to top up a card or purchase a ticket. By using O-CITY, travellers can easily move just at the touch of their mobile, card or wearable, improving the flow of people at entry and exit gate points. Moreover, since contactless payment are pin-free, passengers do not need to halt at a gate, allowing them to enjoy a seamless experience from their departure to their destination.

About O-CITY
Founded in 2018 and adopted by more than 100 cities worldwide,  O-CITY is an innovative automated fare collection solution designed  by BPC, a leading banking and payment firm with in excess of 230  clients across more than  80 countries. O-CITY was born from the vision of digitalising micro-payments as a key driver of a cashless economy while improving the well-being of citizens. With O-CITY, government, public transport operators and merchants can deliver a frictionless payment experience at every touch point leveraging smart, digital and open technologies. (tollgate, bus, train, subway, parking facility, bike rental or city tourist attraction). Citizens can move freely and make quick payments using their mobile or existing bank card, removing the need for cash or queuing at a ticket counter. www.o-city.com

About BPC
Founded 25 years ago, BPC Banking, Payments: Context is what defines the organisation. The company has transformed over the years to deliver innovative and relevant solutions which fit with today’s consumer lifestyle when banking, shopping or moving in both urban and rural areas, bridging real life to digital. With 230 customers across 80 countries globally, BPC collaborates with all ecosystem players ranging from tier one banks to neobanks, Payment Service Providers (PSP) to large processors, ecommerce giants to startup merchants, government bodies to local hail riding companies. BPC’s SmartVista suite comprises of cutting-edge banking, commerce and mobility solutions including digital banking, ATM & switching, payments processing, card and fraud management, financial inclusion, merchant portals, transport and smart cities solutions. www.bpcbt.com

1 comment:

Robert Earl said...

��ARE YOU ABSOLUTELY IN NEED OF THE SERVICES OF A PROFESSIONAL HACKER?(CATCHING A CHEATING SPOUSE[Phone Hack], RECOVERY OF LOST FUNDS, CREDIT SCORE UPGRADE, WEBSITE HACK...)
High prolific information and Priviledges comes rare as i would be sharing with you magnificent insight you wish you heard years before now. As it's been understood that what people don't see, they will never know.
When you wonder “which hacking company should I hire, the first aspect that should concern you is quality. Clearly, you want to embark for services that povides swift response, Thanks to our talented and Astonish Hackers , you are rest assured that your expectations will always be met. You’ll be glad to find out that our services Implies precisions and actions.
This post is definitely for those who are willing to turn their lives around for the better, either financial-wise, relationship-wise or businesses.
Welcome to the Global KOS hacking agency where every request on hacking related issues are met within a short period of time.
If your shoe fits in any of the required services below, you will be assigned to a designated professional hacker who is systematically known for operating on a dark web V-link protocol.
The manual Operation of this hackers is to potentially deploy a distinguished hacking techniques to penetrating computers and various type of database system to meet your request.
Penetration of computing systems are achieved using core software tools like Ransomeware, SQL/Keylogger injection. botnet, trojan and DDOS attacks.
Providing value added services to clients as a hacker has been our sustaining goal.
Are you faced with cyber challenges like
��Recovery of lost funds:✅It saddens our mind when client expresses annoyance or dissatisfaction of unethical behaviours of scammers. We have striven to make tenacious efforts to help those who are victims of this flees get off their traumatic feeling of loss. The cyber security technique used to retrieving back the victims stolen funds is the application of a diverse intercall XX breacher software enables you track the data location of a scammer. Extracting every informations on the con database, every requested information required by the Global KOS would be used to tracking every transaction, time and location of the scammer using this systematic courier tracking base method.
�� Hacking into the mobile phone of a cheating spouse.✅ This type of hack helps you track every movement of your cheater as we are bent on helping you gain full remote access into the cheater's mobile phone using a Trojan breach cracking system to penetrate their social media platforms like Facebook, whatsapp, snapchat etc. This spy processing is used via an HDSI folder which synchronizes the target mobile operating system into a clone S-Drive unit.
��Credit Score Upgrade:✅Due to our transformed changes on Equifax tracking , upgrading of credit score are backed by our cyber tech breaching licence, This hacking process drastically generates you an undestructive higher credit score which correlates to a higher level of creditworthiness. The time frame for upgrading a credit score requires eighteen(18) hours
��️ BITCOIN GENERATOR:✅ (Higher job profile). This involves using the ANTPOOL Sysytem drifting a specialized hardware and software implementing tool in slot even-algorithms to incentivize more coins into your wallet which in turn generates more coins exponentially like a dream at specified intervals.
The company is large enough to provide comprehensive range of services such as.
• Email hacks��
• Hacking of websites.��
• Uber free payment hacks.��
• website hack.��
Our strength is based on the ability to help you fix cyber problems by bringing together active cyber hacking professionals in the GlobalkOS to work with.
Contact:
✉️Email: clarksoncoleman(at)gmail • com.
Theglobalkos(at)gmail •com.
©Global KOS™
2030.•√