Interest Growing in Open-Loop Payments in California, Says Cal-ITP

California transportation officials are hearing strong demand among transit agencies in the state to move to open-loop payments, a person handling communications for the state Department of Transportation’s California’s Integrated Travel Project, or Cal-ITP, which is helping agencies procure the fare-collection technology, told Mobility Payments. […]

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‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

Phone at terminal in Santa Barbara

Shashi Verma, chief technology officer for Transport for London and the driving force behind the agency’s landmark open-loop payments service, called for greater regulation of interchange rates outside of the UK and European Union to reduce fees agencies pay. […]

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