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Retail-like

A fixed fare per ride, no matter the distance or time of day.

Fare is fixed and trips are paid individually.

Target Audience

  • Cities
  • Governments
  • Public Transit Operators
  • Transit Authorities

Related APIs

The 'Retail-like' model allows a transit operator to install Mastercard contactless terminals in their transit system at the point of entry. The model allows a passenger to travel by paying a fixed fare known at the point of interaction (tap). As the fare is fixed, each time the passenger taps in, a different transaction occurs.

The Retail-like payment model is suitable for bus and metro systems with high share of single ticket purchases and simple fare structure.

Components that can be outsourced to Engage partners

Here's the value chain of a 'Retail-like' business model for Transit using qualified Mastercard Engage partners.

Definition of the components is available below.

Related solutions

Core Acceptance Solutions: Acquiring, Gateway, Backoffice and Reader

Card Solutions: Prepaid Card and Private Label Card

Transit Acquiring

Holds a financial license and conducts payment activities on behalf of the transit operator.

Transit Gateway

Standard gateway processing transit transactions using additional specific transit features.

Transit Prepaid Card

Prepaid contactless cards issued as open-loop (for general use including transit) or closed-loop (for use only in a specific transit environment).

Transit Private Label Card

Closed loop non-Mastercard branded card that can only be used in the transit environment.

Transit Reader

Standard contactless terminal controlling access to the transit system using additional specific transit features.

Transit Backoffice (Retail-Like)

In charge of supporting deferred authorization if needed, deny list management and debt recovery.

Navigate the other components of the Engage ecosystem

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