Many transit systems now have a 'smart card' based system where you have a card that you wave over a device to pay your fare. Most transit systems also offer another method of paying (i.e. paper card or token) but these seam to be fading.
With the increased use of 'smart card' based transit systems worldwide, has anyone heard of plan to have a single card for a group or all transit systems?
Point being that many transit systems charge for the 'smart card' but in turn give a cheaper fare when you travel. (i.e. CTA in Chicago, $1.75 w/ card, $2.00 w/o starting in the next month or so)
Further, I see that this would not benefit everyone but would benefit a sizable group. NY/LONs, WAS/NYs, BOS/NYs, LON/DUBs and WAS/BOSs; notably.
I do see the problems as not all countries use the same currency. In addition, who is the custodian of the funds? The MRT in Singapore uses CitiBank to hold the stored value.
With the growth of credit cards with similar 'wavable' technology, do you think that stored value card will be history?
Sort of random but something I have always thought about. Maybe someone has more insight than I
Thanks
With the increased use of 'smart card' based transit systems worldwide, has anyone heard of plan to have a single card for a group or all transit systems?
Point being that many transit systems charge for the 'smart card' but in turn give a cheaper fare when you travel. (i.e. CTA in Chicago, $1.75 w/ card, $2.00 w/o starting in the next month or so)
Further, I see that this would not benefit everyone but would benefit a sizable group. NY/LONs, WAS/NYs, BOS/NYs, LON/DUBs and WAS/BOSs; notably.
I do see the problems as not all countries use the same currency. In addition, who is the custodian of the funds? The MRT in Singapore uses CitiBank to hold the stored value.
With the growth of credit cards with similar 'wavable' technology, do you think that stored value card will be history?
Sort of random but something I have always thought about. Maybe someone has more insight than I

Thanks