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Key Takeaway:

Apple and Google are positioned to take a significant share of the payments value chain, including fare payments, if they choose to do so, said the head of transit payments gateway and processor Littlepay

Key Data:
Organizations Mentioned:

• Littlepay
• Visa
• Mastercard

The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition.

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