Central Bank in Latin American Country Drives Nationwide Rollout of Open Loop; Can It Serve as a Model Elsewhere?

Costa Rica bus

In a first for Latin America and perhaps one of the only projects of its kind in the world, the Central Bank of Costa Rica is building a nationwide infrastructure for open-loop transit payments, as it seeks to ultimately eliminate cash on board its buses and trains. […]

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Exclusive: Group of Small Transit Agencies Confirms Plans to Roll Out Open-Loop Payments Under California Program

A group of rural transit agencies in far Northern California are in the process of signing contracts with vendors to roll out open-loop payments under the state-backed Cal-ITP program, perhaps the first agencies to confirm they are contracting with vendors beyond the pilot stage, Mobility Payments has learned. […]

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Visa Quietly Lowers Interchange for Transit Agencies in California but Scope of Reductions Limited So Far

Card at terminal, Monterey-Salinas Transit

Visa has quietly introduced a new interchange category for transit agencies in California, Mobility Payments has learned. If rolled out nationally and across more card types, the changes could substantially reduce the high fees that agencies pay to accept credit and debit cards for fares. […]

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Special Report: More Agencies Taking Modular Approach to Build Their Fare Systems, Shunning Single-Supplier Model

Metrolinx presto

Transit agencies planning to roll out new electronic fare-collection systems have typically hired automated fare-collection vendors to handle the entire projects, from supplying the validators and payments processing to building or procuring the back office and integrating the various parts into a complete system. […]

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