Consumer Payment Card News

Canada Set to Test Payment Cards On-Board Buses Using Monetico

Quebec buses are now in a pilot to test contactless Visa and Mastercard payments on-board. This is the first public transit company in Canada to test onboard fare payment by credit card (single fares).

Société de transport de Laval (STL) and Desjardins have teamed to deploy a contactless payment terminal similar to those found in most retailers across Canada for this test.

The Société de transport de Laval is the first public transit company in Canada to test onboard fare payment by credit card. (CNW Group/Société de transport de Laval)

The Monetico payment solution, developed by Desjardins, allows for instant payment by simply tapping your card on the terminal. No swiping, inserting or personal identification numbers are required. This new credit card payment option is available for single fares, in addition to the traditional cash payment and the advance purchase of fares. This convenient solution will allow occasional riders of public transit to save time, not having to plan for exact change or to purchase fares in advance.

The STL develops and operates an integrated network of buses, school bus routes, collective taxi and paratransit services, covering a total of 20 million trips per year. The STL’s regular bus network includes 45 buses, more than 2,700 bus stops with service to over 1,400 km across Laval. The STL is one of the most innovative companies in North America thanks to projects that include the first 40-foot 100% electric bus in Quebec, in service since 2013, and its real time user information system, which provides, since 2010, information to clients in real time on the location of all the buses on its network.

Monetico is the result of a commitment by two major institutions, Desjardins Group in Canada and Crédit Mutuel in France, with shared cooperative and mutualist values.

The results of this trial will be shared with the Autorité régionale de transport métropolitain (ARTM) and with Quebec’s other public transportation companies.


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