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Special Report: Japan Sees Movement on Open Loop, but Rollout is Fragmented and Largest Operator Continues to Balk

by Dan BalabanPosted on Posted in Open LoopTagged ,
Japan has been perhaps the most notable holdout among developed countries in resisting the move to open-loop fare payments. There are some signs that this is beginning to change, however. Three major subway operators plan to at least trial open-loop payments...

Worldline COO: Open Loop as ‘Revolution’ is Oversold; Urges Truly Revolutionary Thinking on Payments, Fare Models

by Dan BalabanPosted on Posted in Open LoopTagged ,
Phone at terminal-Marseille
James Bain, COO of global mobility transactional services for Worldline, a major European processor and acquirer–in a striking acknowledgement–said that payments companies have overpromised and oversold the benefits of open-loop technology to transit...