New Prepaid Card Lets Costa Ricans Pay Bus and Train Fares Without a Bank Account

🌐 Tico Times Costa Rica (CR) —

AI Summary

Costa Rica's Banco Central introduced the Monedero SINPE-TP, a prepaid contactless card enabling users to pay for public bus and train fares without a bank account. The initiative is part of the national electronic payment system for public transport and targets cash-dependent users. The card aims to improve financial inclusion and modernize transit payments.

The Banco Central de Costa Rica presented the Monedero SINPE-TP this month. This prepaid contactless card lets people pay for rides on buses and trains without needing a bank account. The card forms part of the Sistema Nacional de Pago Electrónico en el Transporte Público, or SINPE-TP. It targets users who rely on cash for […] The post New Prepaid Card Lets Costa Ricans Pay Bus and Train Fares Without a Bank Account appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

Politics Markets Travel AI & Tech Costa Rica prepaid card public transport SINPE-TP financial inclusion Banco Central contactless payment transit

Read original source →