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Visa: Contactless Is The Cornerstone For A Reinvented Public Transportation Experience

PYMNTS

Mary Kay Bowman , Visa ’s head of seller solutions, told Karen Webster in a recent conversation that some operators had contactless payments already partially available in segments of the public transportation system, while others had it earmarked for a project several years in the future.

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Visa Expands Contactless Public Transportation Payments Due To Pandemic

PYMNTS

Visa , in response to the rising demand for safer ways to travel, has expanded its partnership with Cubic Transportation Systems to offer contactless payments for public transportation services in over 500 cities, according to a press release.

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HERE Releases New Social Transport App, SoMo

PYMNTS

HERE Technologies , a mapping and location data company, has released a new mobile transportation app called SoMo that hinges on a social aspect, according to a report from VentureBeat. Unlike, say, Uber or Lyft, SoMo allows users to plan trips based on events and friends. SoMo also has more traditional ride-hailing characteristics.

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Plan in works to revamp goods and urban transport

CFO News

India is planning a comprehensive overhaul of its urban transportation system, aiming to merge metro and bus services while prioritizing the adoption of clean energy. The proposal also includes incentives to encourage environmentally friendly intra-city freight transport using small trucks.

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Pizza Hut Israel Plans Drone Delivery Trial

PYMNTS

The company is planning to launch a test pilot and send drones to deliver multiple orders at government-approved landing zones in Israel — such as designated parking spots. Iterations of earlier commercial drone models were ill-equipped to transport perishable merchandise extensive distances.

Planning 104
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Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up

PYMNTS

Bolt is striving to revolutionize transportation with its streamlined tools, Tzoumas said, adding that the expansion to new locales includes a presence on 18 university campuses and gives Bolt the ability to “empower local partners to expand the interconnectivity of cities and universities with multi-modal micromobility solutions.”.

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Planning for Inflation

CFO Network

For those of us on a calendar fiscal, we are probably getting into the process of planning for 2022 and beyond. Since the GFC planning has been focused mostly around growth and a stable economy. The 2022 planning cycle, given recent economic data points, could be anything but another round of the same.