SINGAPORE - Singapore's public transport network is set to go fully cashless by 2020, with all bus and train rides to be paid using travel cards and top-ups performed without physical cash.
The first cashless rail line will be the Thomson-East Coast Line, which will open from 2019.
The goal to go fully cashless, in line with the nation's Smart Nation push, was announced by the Land Transport Authority (LTA) and its subsidiary TransitLink on Friday (Aug 11).
To nudge commuters to go cashless, the agencies will first work with rail operators SMRT and SBS Transit to remove cash top-ups at passenger service centres at 11 train stations from Sept 1. These are Admiralty, Bedok, Bukit Panjang, Buona Vista, Farrer Park, HarbourFront, Hougang, Lakeside, Pasir Ris, Serangoon and Yew Tee.
The plan is to progressively remove cash top-ups at the passenger service centres of all other train stations next year.
To help commuters cope with the switch, staff will be stationed at the 11 stations, and publicity materials at ticketing touch-points will be put up.
By 2020, the target is to remove all cash transactions from the network. This means that self-service ticketing machines at stations and bus interchanges will accept only cashless top-ups, and all bus rides can be paid only with travel cards.
The LTA said that even so, top-ups using cash can still be performed at convenience stores and TransitLink ticket offices.
The LTA also said on Friday that it will extend an account-based ticketing pilot, which started in March (2017) and was to end after six months. Under the scheme, Mastercard users are able to use their debit and credit cards to pay for public transport rides.
LTA said it is currently in discussions to include other payment providers in the scheme.
LTA's group director for technology and industry development, Mr Lam Wee Shann, said: "The growth of electronic payments has rapidly transformed the public transport ticketing scene, with cash payments and top-ups being replaced by convenient, fuss-free cashless options."
Mr Lam added: "With more than seven million ticketing transactions each day, a fully cashless public transport system will be an important step in Singapore's quest to become a cashless society and a Smart Nation."