Visa, Cherkasy City Council and Smart Ticket Technology introduce digital payments for Cherkasy public transport
Cherkasy, June 30, 2022 — Visa, the global leader in digital payments, Cherkasy City Council and the Smart Ticket Technology company have launched a new solution for Cherkasy residents to help local authorities make public transport more convenient, eco-friendly, and efficient. The infrastructure project provides for cashless payment on 81 municipal trolleybuses.
“The introduction of an electronic ticket is one of the big projects that we are working on with the team to ensure better quality passenger transportation. This is one of those steps necessary to create comfort and convenience in our city's transportation system. From now on, we and our utility company will have transparent control over fare payments. In the future, we will be able to analyze passenger trips with the help of an automatic fare accounting system. This will allow us, if necessary, to adjust the movement of public transport — to change routes or increase or decrease the number of vehicles. I am grateful to our partners, the Smart Ticket Technology company, and the Visa payment system for their cooperation in such difficult times for the entire country, and for the introduction of the latest digital technologies in our city,” said Cherkasy City Mayor Anatolii Bondarenko.
From now on, city residents will be able to pay for travel in a modern and convenient way using a plastic contactless card issued by any bank in Ukraine or the world, with a smartphone, or with any other device with NFC technology. For this purpose, validators have been installed in 81 trolleybuses throughout the city.
This is the first experience of cashless payments on Cherkasy public transport, where until now cash was the only possible payment method.
“The fact that the innovative development of the state continues in these difficult times demonstrates the persistent desire of society to build a modern digital state. Ukraine has not given up on the development of a cashless economy and is developing the infrastructure for acceptance of digital payments. From now on, Cherkasy is another regional center where passengers will experience the ease and convenience of contactless payments on municipal transport. This achievement was made possible thanks to the fruitful cooperation of Visa with the City Council and Smart Ticket Technology LLC. From now on, both the city and transport operators will have more transparent control over payments, and passengers will be able to forget about using cash in municipal transport,” comments Oleksandr Stelmakh, Visa Senior Director, Digital Solutions, CISSEE.
Contactless payment on Cherkasy communal transport will work at the facilities of the Smart Ticket Technology company.
“Implementation of an automated fare accounting system in Cherkasy and cashless payments on public transport will ensure the transparency of passenger transportation, an increase in revenue and a decrease in the cost of such transportation, proper control of concessionary travel, convenience for passengers, development of the public transport infrastructure, and improvement of the quality of passenger transportation,” commented Pavlo Romanishyn, Founder of Smart Ticket Technology LLC.
Previously, Visa introduced cashless payments in municipal transport in more than 10 Ukrainian cities.
About Visa Urban Mobility
Visa has a successful history of supporting private companies, public transport operators and technology enablers to deliver digital payment acceptance in the urban mobility sector— transforming the passenger experience for millions of people worldwide. We’ve worked with more than 150 cities—large and small—around the world to implement contactless fares using debit, credit and prepaid solutions. Plus, we’ve partnered with companies to launch mobile-based solutions for electric vehicle charging and parking, and we continue to develop new solutions for tolls and shared mobility services.
To fully transform the passenger experience from the first mile to the last, we built the Visa Global Urban Mobility team of dedicated global strategists and regional implementation specialists. The team has supported contactless implementations around the world by providing guidance, best practices and hands-on assistance—helping launch projects more quickly and with maximum impact. Visa is involved in over 650 urban mobility projects worldwide and has helped launch over 280 contactless projects worldwide. By providing recommendations, best practices and practical assistance, Visa helps launch projects faster and with maximum return.
Visa (NYSE: V) is a world leader in digital payments, facilitating payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.ua.
Visa Corporate Communications Director CISSEE
Phone: +38 044 22 00 300