Officials with New York’s Metropolitan Transportation Authority this week said the rollout of its OMNY fare-collection system has fallen further behind schedule and isn’t expected to see “substantial completion” until the fourth quarter of 2025–nearly two and a half years later than Cubic Transportation Systems, the system integrator on the project, had originally promised. […]
As New York’s Metropolitan Transportation Authority marked the two-year anniversary since launching the first phase of its high-profile OMNY open-loop fare payments rollout in May 2019, transactions continue to grow.
Riders were tapping for more than 17% of all rides on the authority’s massive subway system and for around 14% on the entire system, both subway and buses. That’s according to figures released by the MTA to Mobility Payments around mid-June. As of then, the agency said customers had tapped for a total of more than 93 million rides since the service launched.
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Transit agency Storstockholms Lokaltrafik, or SL, in Stockholm launched what is believed to be the industry’s first rollout of white-label EMV cards for its closed-loop customers in September 2021. To date it has issued around 1.5 million cards, which customers use frequently. […]
U.S. transit agency TriMet of Portland, Ore., introduced open-loop payments at the same time it launched its contactless closed-loop Hop Fastpass card, in July 2017. But it promoted Hop much more than open loop for years, and not surprisingly, the closed-loop card makes up the vast majority of electronic transactions for the agency. […]
Despite significant costs for handling cash, very few transit agencies in the U.S. have eliminated cash from their fare-collection systems. But the head of one small bus agency in South Carolina, which recently launched open-loop payments, says he plans to try. […]
In what is believed to be the first major transit agency to roll out concessionary discounts linked to open-loop payments, New York’s Metropolitan Transportation Authority said more than a million seniors and disabled persons are now able to register to receive half-priced fares when they tap contactless credit or debit cards or NFC devices to pay for rides. […]
The Metropolitan Transportation Authority said it is seeing nearly 40% of trips taken on its New York City Subway paid for through the agency’s OMNY service, which is used mainly for open-loop payments. […]
Nearly a year after Storstockholms Lokaltrafik, or SL, in Stockholm launched open-loop payments for its multimodal transport network, the agency was seeing around 15% of its total fare revenue coming from contactless EMV payments, according to figures obtained by Mobility Payments. […]
Despite the strong push behind electronic fare payments and buzz around going cashless, only a few transit agencies in the U.S. have actually eliminated cash acceptance on board their buses and other vehicles or plan to do so. […]
One of the main selling points for open-loop payments is that it offers a form of interoperability that enables riders to use the same credit or debit card to pay their fares whether they ride in London, New York or Singapore. […]
