If you live in Toronto, you will be please to know that you will be able to pay for the upcoming Union Pearson Express by smartphone app. The line in and of itself is wonderful news, considering how difficult it currently is to reach the international airport using the the existing public transportation system (TTC). Instead of having to take the subway to the end of the line to the far west end of the city and then take a bus for about 30 minutes, the express line from the TTC's busiest station is excellent news.
Bytemark will be developing the payment app passengers can use to pay for their Union Pearson Express tickets. The app will be released in spring 2015 right before the new rail system begins operating.
Why This Trend Is Growing
- Mobile Payment Apps for Transit
- Developing mobile payment apps for transit will make travel faster, more convenient and less stressful for passengers.
- Disruptive Transportation Technology
- New transportation technologies will dramatically change how people commute and impact urban development.
- Smartphone Payment Systems Integration
- Integrating smartphone payment systems into transportation solutions will offer a new level of convenience and accessibility to commuters.
Industries Being Reshaped
- Public Transportation
- Integrating mobile payment apps into public transportation will encourage more people to use public transit and reduce carbon emissions.
- Mobile Payment Solutions
- Developing mobile payment solutions for transit companies provide new revenue streams and be a major disruptive force in payment systems.
- Urban Development
- Adopting new and faster transportation technology will change how urban areas are developed, re-zoned and designed.
