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MTA Official Asks Payments Networks for Lower Fees to Accept Open Loop with New Transit Interchange Rate

by Dan BalabanPosted on June 17, 2024 (August 7, 2024)Posted in Open LoopTagged MTA

New York Metropolitan Transportation Authority fare official Amy Linden today called on U.S. payments networks to set a uniform transit interchange rate that reduces high fixed fees most agencies must pay to accept open-loop payments. “(It’s) something...

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In-Depth: New York’s MTA Takes Away Part of OMNY Project from Cubic; Seeks Completion of Rollout by Close of 2025

by Dan BalabanPosted on May 22, 2024 (August 31, 2024)Posted in Open LoopTagged Editor's Choice, MTA, OMNY

New York transit authority MTA today took a key part of its high-profile OMNY fare system away from its main technology vendor, Cubic Transportation Systems, as it seeks to complete OMNY over the next 18 months. The board of the Metropolitan Transportation...

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New York’s MTA Celebrates Billionth OMNY Transaction as It Seeks to Put Project Back on Track

by Dan BalabanPosted on August 1, 2023 (October 4, 2024)Posted in Open LoopTagged MTA

New York’s Metropolitan Transportation Authority last week marked the billionth OMNY transaction, with MTA chairman and CEO Janno Lieber speaking at a press conference at the subway station where the landmark tap occurred. He touted the OMNY contactless...

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New York’s MTA Says OMNY Rollout Falls Further Behind Schedule; Cites Poor Vendor Quality Control, Other Issues

by Dan BalabanPosted on October 27, 2022 (November 1, 2022)Posted in Open LoopTagged Editor's Choice, MTA

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...

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New York’s MTA OMNY Service Continues to Grow as Agency Preps Further Rollout This Year

by Mobility Payments StaffPosted on July 5, 2021 (March 3, 2022)Posted in New Takes-MTA MilestonesTagged MTA

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%...

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Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

by Dan BalabanPosted on April 11, 2025 (April 18, 2025)Posted in Mobile TicketingTagged Editor's Choice, Fairtiq

Fairtiq, the technology supplier behind Denmark’s much-watched national ticketing app, told Mobility Payments this week that the loss of a major contract for a similar service it’s enabled for years in Switzerland, while “naturally a challenge,” would...

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Tip Sheet: Fare System Procurement in UAE Capital Canceled; New Tender Request May be Coming

by Dan BalabanPosted on March 26, 2025 (April 3, 2025)Posted in Open LoopTagged Abu Dhabi, NEORide

Also: Visa’s Nick Mackie: Quit or Shown the Door?; Largest Agency on Multistate Ticketing Platform to Launch Fare Capping; Major Agencies Again Meet with Payments Industry [...]

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Search Results for: MTA

MTA Official Asks Payments Networks for Lower Fees to Accept Open Loop with New Transit Interchange Rate

In-Depth: New York’s MTA Takes Away Part of OMNY Project from Cubic; Seeks Completion of Rollout by Close of 2025

New York’s MTA Celebrates Billionth OMNY Transaction as It Seeks to Put Project Back on Track

New York’s MTA Says OMNY Rollout Falls Further Behind Schedule; Cites Poor Vendor Quality Control, Other Issues

New York’s MTA OMNY Service Continues to Grow as Agency Preps Further Rollout This Year

Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

Tip Sheet: Fare System Procurement in UAE Capital Canceled; New Tender Request May be Coming

Cubic Wins Lawsuit Against LA Metro Seeking to Prevent Agency from Releasing ‘Confidential’ Pricing Information

Scheidt & Bachmann Believed to have Lost U.S. Contract, though Few Details Leak about Likely Termination of Deal

In-Depth: Cubic Lays Out Arguments for Suing LA Metro in Case of ‘Secret’ Pricing Data

Despite Nationwide Open-Loop Rollout, Netherlands Predicts Closed-Loop Card will Remain Most-Used Payments Method

Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.

U.S. Transit Agency Eliminates Cash on Board Buses; One of Few Cashless Agencies Nationwide

Cubic to Launch Open-Payment Overlay Product, Introduces New Pricing Strategy, as It Seeks to Revamp Umo Offer

Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.

Cubic to Launch Open-Payment Overlay Product, Introduces New Pricing Strategy, as It Seeks to Revamp Umo Offer

UK Government Plans to Trial GPS Mobile Ticketing on Rail Despite Expansion of Open Loop

Transit App Introduces First-of-Its-Kind Feature Telling Users Where They Can Pay with Open Loop