Smart Cards

Toronto's new Presto smartcard for transit riders may soon allow you to pay for your parking and a coffee as well, according to Gary McNeil, president of GO Transit.

A plan at the national level in India intends to put all buses, trains, rail, metro, ferry, taxis and even auto rickshaws under a common, contactless smart card.

This video takes a look at what may be the world's best subway system - Hong Kong's MTR. Riders hold shares in the public-private entity. And, as the video explains, it is profitable.

MarketWatch reports on the rise of contactless smart cards in public transit and banking, and speculates that the time is ripe to put the two uses on the same card.