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stored-value card
(redirected from Transit card)

   Also found in: Wikipedia 0.01 sec.

stored-value card

A smart card that is "loaded" with cash. See smart card.



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They also can buy Transit Cards or add value to existing ones at Transit Card vending machines at rail stations.
KPay has been authorized to setup a POS network for transit card recharge and is able to use the POS network to accept payments from the card for retail products and other non-transportation products, in addition to selling advertising and personalization on the cards.
Now, the Beijing city government has contracted with Vesta's Chinese subsidiary KPay to extend the transit card payment network into retail payments.
 
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