Mobile wallets now make up more than half of all contactless payments for Transport for New South Wales, Australia’s largest transit agency, the agency confirmed to Mobility Payments. […]
In a region that has lagged behind in open-loop payments rollouts, Visa Tuesday sought to showcase the two largest launches to date in Asia Pacific, in Sydney and Singapore, where representatives of transit agencies said they are seeing strong adoption of the technology by customers. […]
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. […]
There’s little doubt that open-loop payments is the highest profile trend in the fare-collection industry. […]
The New South Wales government in Sydney has released more details about its “Opal Plus” mobility-as-a-service trial, which will offer a large number of weekly subscription plans that bundle rides on the metro, trains, trams and buses in the Australian state. In addition, users will apparently have to book rides with private mobility providers separately. […]
The New South Wales government in Australia plans to spend just under AU$568 million (US$395 million) to upgrade its Opal fare payments system, including rolling out a digital Opal card and launching a mobility-as-a-service app. […]
Mobility as a service, at least in its present form, will not scale and has little commercial sustainability. MaaS, in fact, may never live up to its hype or see large-scale rollouts. […]
California bus agency Monterey-Salinas Transit recently launched what is believed to be the first system of its kind globally that enables customers to verify their eligibility for fare discounts online, then instantly link that eligibility to a standard contactless open-loop credit or debit card. […]
Plans by Transport for New South Wales, Australia’s largest transit agency, to launch a trial enabling users to plan, book and pay for multimodal rides is the next step toward the agency’s long-term goal of building a full mobility-as-a-service, or MaaS, platform. […]
As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to pay fares. […]
