NYC's MetroCard to be phased out by 2025

The Metropolitan Transportation Authority (MTA) in New York City has announced it will phase out MetroCards by the end of this year. This decision marks the end of a payment method that has been in use for 32 years. Starting January 1, 2026, MetroCards will no longer be sold. Instead, riders will use the tap-and-go system, which allows payments via digital wallets, contactless bank cards, and OMNY cards. Currently, tap-and-go payments are already popular, used by 65% of the riders. The MTA will continue to accept MetroCards for fare payments until 2026. Riders are encouraged to use up their balances, which can be transferred or reimbursed after two years from the card's expiration date. The tap-and-go system offers a simpler fare payment method. It allows passengers to pay only for rides taken, capping costs at $34 over seven days when using the same device or card. OMNY cards can be purchased for $1 and loaded at numerous locations across the city. MTA Chair and CEO Janno Lieber highlighted that this transition to tap-and-go will save at least $20 million each year by reducing costs related to MetroCard production and vending machines. This modern payment approach aims to enhance the customer experience for daily commuters and visitors alike.