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

The heads of the two largest payments networks in the U.S., Visa and Mastercard, predict strong growth for contactless payments in the U.S., with Mastercard CEO Ajay Banga noting that 70% of U.S. Mastercard-branded cards in the U.S. are coming up for reissue over the next 12 to 14 months, and most of these cards will be issued with a contactless interface. A large number of Visa-branded cards will be reissued with a contactless interface during that period, as well. […]

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Barcelona Transit Authority Seeks Quick Rollout of Open-Loop Payments Following Long Delays in Launch of Close-Loop Card

Barcelona-bus-open-loop

The Metropolitan Transport Authority, or ATM, in Barcelona has issued a request for proposal for technology to help it to quickly roll out open-loop payments across the metro, train, bus and tram networks in and around Spain’s second largest city. […]

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