Can Transit Agencies Quit Closed Loop after Rolling Out Open-Loop Payments?

Apple Pay at TfL terminal

A panel of industry experts squared off for a first-of-its-kind debate about the pros and cons of open-loop payments, tackling a range of issues–from whether transit agencies can completely eliminate their closed-loop programs in favor of open loop, to costs agencies should be ready to incur when rolling out the technology. […]

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Major Bus Operators in Hong Kong Now Accepting Open-Loop Payments–Adding More Competition for Octopus

JCB card being tapped on reader on board Kowloon Motor Bus, next to Octopus reader

Two more bus operators in Hong Kong on Saturday launched acceptance of open-loop contactless fare payments, with both also accepting QR code-based mobile ticketing–as the near ubiquitous closed-loop Octopus card continues to see more competition. […]

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