Bytemark announced a new partnership with Moneris that gives passengers the ability to pay for rides using their digital wallet.
This new capability enables in-app transactions using Google Pay and Apple Pay. It also gives Canadian passengers another payment option with Interac Debit. York Region Transit is the first transit agency to offer Interac Debit for public transit riders utilizing their digital wallet within the Bytemark mobile ticketing app.
Through their Plan, Book & Pay platform, this partnership with Moneris continues to give riders another contactless payment choice via the Bytemark mobile app. It also gives transit agencies the opportunity to offer their riders, who do not have credit cards or prefer to use cash, the ability to pay with Interac Debit.
“I’m excited to announce that, through our partnership with Moneris, we were able to offer our transit clients the ability to accept Interac Debit along with all other forms of payment in the Bytemark mobile ticketing app,” said John Pagliaro, executive director, Canada at Bytemark. “Having the convenience of using Apple or Google Pay wallets within our app gives their riders more convenience along with an extra frictionless and secure way to ride.”
Interac can provide greater financial flexibility to transit passengers who prefer to use their debit card in their mobile wallets. Interac is a valuable option for merchants at a time when 53% of Canadians are already using contactless payments more often. This not only supports riders, but transit agencies too, with additional ticket revenue staying in the transportation agency.
“Partnering with Bytemark to add Interac Debit payments within the mobile ticketing app adds another layer of convenience for transit riders,” said Andrew Yablonovsky, associate VP, group product strategy & growth at Interac Corp. “When transit authorities add Interac Debit, they are offering their riders a form of payment that almost 30 million Canadians already use for day-to-day purchases. This will ultimately give people more choices in how they pay for transit.”
Enabling payments through a digital wallet is made possible by the processing power of Moneris Solutions Corporation. Moneris supports multiple methods of accepting payments for a variety of applications, including open loop as well as digital ticketing for transit.