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CBA brings contactless transport payments to Victoria

By Gloria Methri

August 23, 2023

  • Australia
  • Commonwealth Bank
  • Contactless Payments
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Commonwealth Bank, Contactless Payments, Tap To Pay, DTP, Digital Wallets, Transit Payments, Instant Payments, FinTech, Australia, VictoriaCommuters in Australia’s southeastern state of Victoria will be able to tap and pay for public transport using their mobile device or payment card.

The Commonwealth Bank of Australia (CBA), which was appointed by Victoria’s Department of Transport and Planning, will enable the transactions via its public transport ticketing system. Once rolled out, residents and visitors users will have the option to pay in a contactless manner.

Andrew Hinchliff, Group Executive Institutional Banking & Markets at CBA said, “With the Victorian Government’s announcement of planned improvements to the myki system, Victorians, international and interstate visitors alike, will enjoy the simple, frictionless experience that contactless payments provide public transport users. We are excited to work with the Department of Transport and Planning to bring contactless payments to the State. Public transport is an integral part of daily life for many Victorians, so we are proud to play a part in improving the commuter experience.”

Hinchliff added, “We have a longstanding commitment to innovation in public transport infrastructure, with CBA’s digital transit ticketing capability now underpinning every open loop contactless payment option used by public transport in Australia and New Zealand.”

Victorians and visitors to the state will soon be able to pay for their trams, buses, and trains by tapping on their credit or debit card and paying with a digital wallet on a smartphone or smart-watch.

Meanwhile, myki cardholders will continue to use their physical myki card and top up via traditional means, as well as online or at kiosks using EFTPOS, credit, debit, and digital wallets like Apple Pay and Google Pay.

Regional V/line commuters, concession holders, as well as international and interstate visitors can choose contactless credit and debit card payment options, in line with their experience using transport networks in other global cities.

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