We all spend a lot of time in transit, and the time it takes to get where you need to be can be frustrating. Luckily, new ways to speed things up are always emerging. We recently discussed how cashless parking meters can increase convenience and save time, and anyone who does a lot of traveling knows that cashless solutions for paying tolls (such as E-Z Pass) can be a huge time-saver. But what if you’re not traveling by car?
Many other forms of transportation are finding ways that technology such as NFC and mobile wallets can make it easier to buy transit tickets and even use those tickets completely electronically.
Cashless payment for transportation even got a boost from the government in New York State in the form of a recent law change. The revision allows employers to make employee-approved payroll deductions for many uses, including transportation. This means employees can enjoy the ease and convenience of using cashless payment for transportation via payroll deduction.
Cashless payment and paperless ticketing for transit are beneficial for both the transportation providers and their customers. Both sides enjoy the increase in speed and the eliminated need to handle cash. The transportation systems even save money in the long run as they can stop printing paper tickets. We expect to see more and more options for electronic payment and ticketing in the near future, so if you still have any paper subway tickets or airplane boarding passes, hang on to them – they may become antiques!