Data News > Ajman Transportation Authority Partners with Visa to Enable Contactless Payments on Buses

Ajman Transportation Authority Partners with Visa to Enable Contactless Payments on Buses

By KlickAnalytics Data Insights  |   July 11, 2024 10:00AM ET

- The Transportation Authority in Ajman and Visa have signed an agreement to introduce open contactless payments on public transport buses in Ajman.
- The initiative aligns with Ajman's smart mobility objectives and aims to enhance the passenger experience by allowing payments through Visa contactless cards or mobile devices.
- This move marks the first implementation of a contactless payment system in transportation in the UAE.

In a strategic partnership between Ajman Transportation Authority and Visa, passengers in Ajman will soon have the convenience of paying for their trips using Visa contactless cards or mobile devices supporting contactless payments. This collaboration reflects the emirate's commitment to smart mobility goals and aims to streamline the passenger experience by introducing a modern payment system to public transport buses.

Omar Mohammed Lootah, Director-General of the Ajman Transport Authority, emphasized the urgency of adopting a contactless payment system in light of the UAE's digital acceleration efforts. By enhancing digital payment methods in transportation, the authority aims to support urban mobility with smart and sustainable solutions, ultimately providing passengers with an exceptional customer experience.

Michael Berner, Visa’s Head of Merchant Sales and Acquiring for Central and Eastern Europe, Middle East, and Africa, highlighted the importance of safe, fast, and convenient payment methods for transportation. With the goal of shaping the future of seamless transportation in Ajman and across the UAE, Visa aims to contribute to creating a more efficient and modern travel experience for passengers.

Moreover, in the first half of 2024, economic licenses in Ajman saw a notable 15% year-on-year increase, reaching a total of 37,755. This growth indicates a favorable business environment and economic activity in Ajman, further supporting the emirate's development and progress in various sectors.
Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.