Recaudo Bogotá, Bancolombia and MasterCard announced the inclusion of electronic payments to promote and facilitate access to Bogotá’s Integrated Public Transit System (SITP).
To this end, Bancolombia is integrating a transit component in its Maestro debit cards for use as a means of payment on the SITP blue buses and TransMilenio Phase III articulated buses.
The integration process and the operation between Bancolombia and Recaudo Bogotá are now seamless, thanks to chip and contactless technology, and meets the city’s mobility growing needs. With the support and the technology of MasterCard, Bancolombia debit card was designed. It contains two applications within the same chip, one for payments at merchants and banking transactions, and “tullave” for the SITP payment.
Now cardholders will be able to go to Bancolombia and request their Maestro debit card in order to have a single product that will allow them access to the Integrated Public Transit System and make bank transactions. This form of electronic payment is a convenient, secure and reliable solution, which also facilitates orderly and rapid access to the system. The latest-generation contactless technology is the same as the SITP’s current “tullave” card, which is now expanded through this alliance.
Users who switch to this system do not need to replenish the card, since their fares will be debited directly from the cardholder’s savings account, and they may use it at all points that accept “tullave,” the current SITP card. For now, this means 6,500 SITP and TransMilenio Phase III buses may be accessed with these cards, but it is hoped that by early 2016, when Recaudo Bogotá is established as the sole operator of the entire SITP, the benefits will be expanded to the whole system.
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