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China Begins to Accept Visa and Mastercard for Open Loop, though Transactions are Expected to be Small

by Dan BalabanPosted on September 17, 2024 (September 27, 2024)Posted in Open LoopTagged China

Seeking to promote more commerce from foreigners to help boost its sluggish economy, China, among other things, has opened up the market to foreign-branded bank cards for use with open-loop payments. That move began Friday on the giant subway, in Beijing,...

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Tip Sheet: Jakarta to Launch Open-Loop Payments This Year on Sole Metro Line, with Help from Mastercard

by Dan BalabanPosted on July 29, 2024 (July 30, 2024)Posted in Open LoopTagged Jarkarta, Tranitalia

Jakarta, Indonesia, opened its first metro line serving the megalopolis of more than 10 million people in 2019, and so far only accepts fares from closed-loop contactless cards and single paper tickets bearing QR codes. Soon it plans to add an option for...

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Mastercard to Use E-Wallet to Try to Gain Foothold in Vietnam for Open Loop

by Dan BalabanPosted on June 26, 2023 (June 27, 2023)Posted in Open LoopTagged Mastercard, Vietnam

Mastercard is seeking to gain a foothold in Vietnam for open-loop fare payments, helping to fund a launch this summer on 200 public buses in Ho Chi Minh City. [...]

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Search Results for: Mastercard

China Begins to Accept Visa and Mastercard for Open Loop, though Transactions are Expected to be Small

Tip Sheet: Jakarta to Launch Open-Loop Payments This Year on Sole Metro Line, with Help from Mastercard

Mastercard to Use E-Wallet to Try to Gain Foothold in Vietnam for Open Loop

Budapest Transit Agency Confirms Mastercard Will Pay for Open-Loop Pilot but Won’t Say How Much

Updated: Budapest Transit Agency to Launch Open-Loop Payments Pilot with Help from Mastercard

Visa, Mastercard Forecast More Contactless Growth in U.S., Spurred in Part by New York Fare Payments Service

In-Depth: Washington, D.C., Launches Open-Loop Payments on Subway with Overlay Technology; but Transit Agency Incurs Extra Costs

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency

In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

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

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

Barcelona Transport Agency Sets Date for Launch of Open-Loop Payments–Two Years Late

New Zealand Taps CTO of Country’s Largest Transport Agency to Try to Get National Ticketing Project Back on Track

New Zealand Government Believed to be Replacing Head of National Ticketing Program Amid Concerns Over Project Delays

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Transport for London Expected to Reveal Winner of Major Revenue-Collection Contract within Weeks

In-Depth: Washington, D.C., Launches Open-Loop Payments on Subway with Overlay Technology; but Transit Agency Incurs Extra Costs

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency