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    Home»Financial Technology»Visa Introduces Tap-to-Ride Payments on Ho Chi Minh City Metro Line 1
    Financial Technology

    Visa Introduces Tap-to-Ride Payments on Ho Chi Minh City Metro Line 1

    FintechFetchBy FintechFetchMarch 17, 2025No Comments2 Mins Read
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    Visa has maintained its role as an Official Co-sponsor of the Inauguration Ceremony for Ho Chi Minh City Metro Line 1 (Ben Thanh – Suoi Tien).

    As part of this initiative, Visa has introduced a “tap-to-ride” system at ticket gates, allowing contactless payments via globally issued cards, mobile devices, and wearables.

    Contactless payments are also available at ticket counters, and commuters can use the HCMC Metro HURC app for in-app transactions.

    These upgrades aim to improve the commuting experience by offering a faster and more convenient payment method.

    The open-loop EMV tap-to-ride system is becoming increasingly common worldwide. Over an eleven-month period, Visa’s network processed two billion tap-to-ride transactions globally, marking a 25% year-on-year increase.

    The system is now available to commuters on HCMC Metro Line 1 as part of Visa’s broader effort to expand contactless payments in urban transport networks.

    With over 830 “Tap to Ride” projects globally, Visa continues to support the transition towards digital payments in public transport.

    Dung Dang
    Dung Dang

    “By introducing tap-to-ride technology on HCMC Metro Line 1, we are simplifying daily commutes, supporting Vietnam’s digital transformation, and improving passenger experiences. This initiative is in line with the government’s long-term plans to modernise urban mobility,”

    said Dung Dang, Visa Country Manager for Vietnam and Laos.

    More than 80% of Visa’s face-to-face transactions worldwide are now contactless.

    In Vietnam, over 76% of face-to-face transactions on Visa cards were contactless by the end of February 2025.

    This shift is expected to improve travel efficiency for both commuters and transit operators.

    As part of its efforts to promote seamless and secure digital payments in urban transit systems, Visa has launched the “One Tap to Every Station. Go Metro – Tap Visa” initiative.

    This programme aims to encourage the adoption of contactless payments while supporting Vietnam’s broader goals of digital transformation and modernised urban transport.

     

    Featured image credit: edited from pexels



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