Local Bank Supporting Contactless Bus Payments

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Bank of Valletta has made significant strides in aiding the shift to a contactless payment environment in Malta recently. What they’ve got in store now though truly takes contactless across the island, through a partnership with Malta Public Transport & Visa.

The BOV contactless spectrum

The new system will allow people to pay for their bus ticket using the full BOV contactless spectrum. This includes physical Contactless credit & debit cards and also payments through smart devices via BOV Pay, Apple Pay & GarminPay. This means that non-regular riders don’t need to worry about not having the exact fare or a Tallinja card.

It’s perfect for the occasional passenger on the go hitching a quick bus trip, or if caught in an unexpected situation with no cash immediately available.

Next step in national digitisation

Kenneth Farrugia, Chief Retail Banking Officer at BOV said that this step is the next natural one in the digital transformation strategy of Malta. “Bank of Valletta is proud to be an important stakeholder in this project which will see public transportation moving to digital”, he explained.

Farrugia also reaffirmed how cashless is the trend going forward: “The demand for cashless payment solutions across all service sectors continues to gain traction as more consumers recognise the convenience of contactless payments.”

He also pointed out the timing of the move, coming during a “scenario where society is increasingly shunning away from the usage of cash as a means of payment. So, whether it’s with physical contactless cards, one’s smartphone or smartwatch, paying for a bus fare will truly be pay-on-the-go.”

Link your VISA to BOV Pay

Looking for a quick guide on how to pair your BOV Visa to your mobile? Check out this video we prepared together with BOV!

Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap.371 of the Laws of Malta).

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