Executive Summary from project proposal

Paying for public transportation is not at a top notch technological level in Singapore. Since the Near-Field Communication (NFC) technology has been introduced in 2012 in Singapore, there has not been much progression or usage of it for the convenience of commuters who take public transportation every day. There is a need for SMRT and LTA to implement NFC technology for payment of public transportation. The objective of this proposal is to propose having a minimum standardized NFC chip for all smartphones to allow users to pay for public transport with their NFC enabled smartphones. This will grant users a smarter and efficient way to consolidate all the payment cards into one-unit device – smartphones, which means residents and commuters can pay for public transport with just a wave of their smartphone across an electronic device. NFC enabled smartphone users can make use of NFC technology to pay for other transactions as well such as food, movie tickets and shopping conveniently.