Visa Mobility and Transport Transaction
These are the key characteristics of the Visa Mobility and Transport Transaction (MTT) model:
- Journeys are multimodal.
- Fares are based on distance.
- Points of entry are contactless.
- Accounts are verified with an account verification request (AVR) authorization for a nominal amount or the maximum fare amount.
- The deny list is checked so that cardholders with previously declined transactions can be blocked.
- Data can be authenticated offline to confirm the card is valid.
- Token Management Service(TMS) option for managing sensitive authentication data (SAD).
- Multiple card taps can be aggregated into a single payment.
- The back office manages the deny list and distributes them to terminals.
- The back office records all trips and fares to perform journey reconstruction to calculate the final fare.
- Standard follow-on payment services can be used to capture, reverse, or void transactions.
- First ride risk protection when the first authorization fails.
- When the AVR authorization is declined, debt recovery can be performed
Figure:
Visa Mobility and Transport Transaction Model