"Mastercard has reinforced its position at the forefront of mobility innovation with the launch of its enhanced open-loop transit solution. The company’s open-loop transit solution allows riders to tap into public transport systems using existing Mastercard debit or credit cards, as well as digital wallets on mobile phones or wearables. This removes the need for dedicated travel cards, physical top-ups or supplementary ticketing systems, enabling seamless journeys across metros, buses, trains, trams and ferries."