Effective April 2, 2025, all screeners previously provided by Sivadata Pty Ltd have been transferred to Kalkine Pty Ltd, a related entity of Sivadata Pty Ltd. You can access these screeners via the link https://kalkine.com.au/screeners.
PRNews

Shanghai Metro Expands Visa Tap to Ride to All Lines

Cision | Fri, Jun 27 2025 06:33 PM AEST

1695367561_650d4189d32c8_1692951951_64e8658fe70f4_breaking_news_600.png
Image Source: Sivastatz

SHANGHAI, June 27, 2025 /PRNewswire/ -- Visa's "Tap to Ride", which was piloted on the Shanghai Maglev Line on June 14, is now set for a grand launch across the entire Shanghai Metro. Starting June 28, international visitors can tap their Visa contactless cards at any of the 21 lines and 517 stations within the Shanghai Metro.

Shanghai Metro, renowned for being one of the busiest and largest urban rail networks globally, spans 896 kilometers and accommodates over 77% of the city's daily public transportation needs. Visa's Tap to Ride will offer a seamless, secure, and convenient payment method for all international cardholders.

Xiaolong Yin, General Manager at Visa mainland China, said, Shanghai, a global tourism destination, welcomes over 6 million international visitors annually. For many, the Shanghai Metro is their gateway to the city, providing an eco-friendly transportation option to explore the city. He added, with the rollout of the pilot program, Visa aims to connect nearly 5 billion Visa cardholders worldwide to Shanghai's transport system, thereby bolstering its development as an international consumption center.

Visa aims to uplift everyone everywhere, by being the best way to pay and be paid. With the development of digital payments, Tap to Pay is rapidly becoming a preferred method of payment worldwide due to its security and convenience. This was evident during the 2025 May Day holiday, where Chinese Visa cardholders' "Tap to Pay" transactions surged by over 10% compared to the previous year. Compared with traditional payment methods, "Tap to Pay" facilitates smooth and secure payment experience, minimizing wait times and boosting efficiency.

Globally, Visa has initiated over 870 "Tap to Ride" public transportation projects in major cities like New York, London, Singapore, Beijing, Hong Kong, Bangkok, and Tokyo. In the 2024 fiscal year alone, more than 2 billion contactless payment transactions were processed via Visa's network.

Shanghai Metro's adoption of Visa's "Tap to Ride" is set to transform the travel experience, ensuring a faster, more streamlined journey for international visitors.

--------

About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.cn.

 

Market Updates

Coro Expands its Footprint into Australia and New Zealand

SMB Cybersecurity Leader Continues its Global Channel-First Growth StrategyCHICAGO--(BUSINESS WIRE)--#ANZtech--Coro, the leading cybersecurity platform for small and ...

Business Wire | Sat, Jun 28 2025 02:00 AM AEST

Read More
World News

Scotch-Brite Teams Up With Ally Love To Announce “National Shine Brite Day”

Originally published on 3M News CenterST. PAUL, Minn., June 27, 2025 /3BL/ -- Scotch-Brite™, America's #1-selling scrub sponge brand, introduces National Shine ...

3BL | Sat, Jun 28 2025 12:30 AM AEST

Read More
World News

Henkel and Synthomer Partner To Cut Carbon Emissions in Adhesives

DÜSSELDORF /3BL/ - Henkel, a global leader in adhesives, sealants and functional coatings, and Synthomer, a world-leading supplier of ...

3BL | Sat, Jun 28 2025 12:05 AM AEST

Read More
World News

GoDaddy 2024 Sustainability Report: Responsible Governance & Operations | Honest & Ethical Conduct

Originally published in GoDaddy's 2024 Sustainability ReportHonest & Ethical ConductTransparency, integrity, and trust are thecornerstones of how we do business.We ...

3BL | Sat, Jun 28 2025 12:00 AM AEST

Read More
PRNews

Breescape Launches Early Prime Day Sale with Award-Winning Cooling Bedding

Experience Instant Coolness and Sweat-Free Sleep This Summer with Breescape's Patented BlendTek™ Technology NEW YORK, June 27, 2025 /PRNewswire/ -- Breescape™ ...

Cision | Sat, Jun 28 2025 12:00 AM AEST

Read More