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Small Transit Agency Buying Through Cal-ITP Sees Open-Loop Transaction Value Climb

by Dan BalabanPosted on December 9, 2024 (December 10, 2024)Posted in Open LoopTagged Cal-ITP

Open-loop transaction value doubled for a small California bus agency last month, although credit and debit card payments still represented a small share of total fare revenue, Mobility Payments has learned. The gains for Humboldt Transit Authority, in far...

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California Open-Loop Procurement Program Didn’t Add New Transit Agencies During Q2, as Orange County Balks

by Dan BalabanPosted on August 14, 2023 (January 17, 2024)Posted in Open LoopTagged Cal-ITP

The Orange County Transportation Authority, or OCTA, in Southern California, would seem to be exactly the type of transit agency that the state’s open-loop procurement program, Cal-ITP, is targeting. [...]

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Can Transit Agencies Save Money with Open-Loop Payments?

by Dan BalabanPosted on July 13, 2023 (July 14, 2023)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies often offer open-loop payments mainly for convenience–that is, to enable their customers to tap to pay for fares with their credit and debit cards and NFC wallets without having to buy a ticket or top-up a closed loop card. [...]

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U.S. Transit Agency Swaps Out Validators after Supplier Misses Bid Deadline by Three Hours

by Dan BalabanPosted on July 10, 2023 (July 12, 2023)Posted in Open LoopTagged California

The first transit agency to pilot open-loop payments under an unconventional procurement program backed by the U.S. state of California is set to make the payments service permanent starting this month. [...]

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Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

by Dan BalabanPosted on July 7, 2023 (January 2, 2024)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies rolling out open-loop payments have an important question or two to answer: Should they include concessionary discounts with their open-loop service, and, if so, how? [...]

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‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

by Dan BalabanPosted on June 29, 2023 (July 6, 2023)Posted in Open LoopTagged Editor's Choice, Interchange, OVpay, Transport for London

Shashi Verma, chief technology officer for Transport for London and the driving force behind the agency’s landmark open-loop payments service, called for greater regulation of interchange rates outside of the UK and European Union to reduce fees agencies...

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Small U.S. Transit Agency has Big Ambition to Eliminate Cash

by Dan BalabanPosted on November 1, 2022 (November 2, 2022)Posted in Open LoopTagged Editor's Choice

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...

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Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

by Dan BalabanPosted on April 14, 2022 (August 30, 2024)Posted in Open LoopTagged Cal-ITP, Editor's Choice, Sacramento Regional Transit

A top revenue manager for Sacramento Regional Transit, the agency serving California’s capital city, said he believes there won’t be widespread rollouts of open-loop payments in California or throughout the U.S. until payments networks and banks reduce...

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

by Dan BalabanPosted on March 17, 2022 (October 2, 2024)Posted in Open LoopTagged Cal-ITP, Editor's Choice

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...

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California Open-Loop Program Chief: Transit Agencies Should Stop Thinking They Need to Create a ‘Separate Currency’

by Dan BalabanPosted on February 24, 2022 (February 26, 2022)Posted in Open LoopTagged Cal-ITP, Editor's Choice

Gillian Gillett, manager for the California Integrated Mobility program in the state Department of Transportation, once observed that 97% of Californians never even think about using public transit. “I mean, if we were a business, we would be out of...

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Search Results for: Monterey-Salinas Transit

Small Transit Agency Buying Through Cal-ITP Sees Open-Loop Transaction Value Climb

California Open-Loop Procurement Program Didn’t Add New Transit Agencies During Q2, as Orange County Balks

Can Transit Agencies Save Money with Open-Loop Payments?

U.S. Transit Agency Swaps Out Validators after Supplier Misses Bid Deadline by Three Hours

Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

Small U.S. Transit Agency has Big Ambition to Eliminate Cash

Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

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

California Open-Loop Program Chief: Transit Agencies Should Stop Thinking They Need to Create a ‘Separate Currency’

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