Egged’s Eilat buses to accept PayPal

PayPal’s regional manager, says will “no doubt lead to revolution in the public transportation sector in Israel."

February 16, 2014 18:26
1 minute read.
An Egged bus [illustrative]

Egged bus 311. (photo credit: Ariel Jerozolimski [file])


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Egged’s buses are headed full speed toward mobile transactions. The company announced on Sunday that its Eilat-bound buses will soon start accepting PayPal payments.

“The integration of PayPal in public transportation will allow us to increase our level of trust in customers making electronic payments,” said Noam Ben-Or, the chairman of Egged’s board of directors.

Be the first to know - Join our Facebook page.

In some ways, the choice of PayPal will make a very minor difference. For web surfers buying their tickets ahead of time the experience may not differ substantially from paying with a credit card, except that PayPal already has their information stored securely.

But adding the ubiquitous online payment system may make mobile payments far easier.

Should it prove successful, Ben-Or said, the company will look to make more payment methods available online.

Efi Dahan, PayPal’s regional manager, said the step would “no doubt lead to a big revolution in the public transportation sector in Israel, which will allow the purchase of tickets online and through mobile devices.”

Bus trips to Eilat are only a small part of the next frontier for PayPal. The company has already staked a claim to create a secure payment system in outer space.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection