Two more bus operators in Hong Kong on Saturday launched acceptance of open-loop contactless fare payments, with both also accepting QR code-based mobile ticketing–as the near ubiquitous closed-loop Octopus card continues to see more competition. […]
Apple launched Hong Kong’s popular transit and retail payments service on Apple Pay today, as it seeks to increase usage of its wallet in the market. […]
Hong Kong Tramways recently became the latest–and still one of the few–transit operators in Hong Kong to support open-loop payments. But more are coming. […]
The head of Taiwan’s largest transit and retail stored-value card contends that open-loop payments will not make a significant impact on the island nation, given Taiwan’s strong closed-loop card programs and the expense of rolling out acceptance for credit cards and credentials. […]
A panel of industry experts squared off for a first-of-its-kind debate about the pros and cons of open-loop payments, tackling a range of issues–from whether transit agencies can completely eliminate their closed-loop programs in favor of open loop, to costs agencies should be ready to incur when rolling out the technology. […]
There’s little doubt that open-loop payments is the highest profile trend in the fare-collection industry. […]
The Roads and Transport Authority, or RTA, in Dubai has been evaluating proposals from at least five vendors for the overhaul of its fare-collection system, Mobility Payments has learned. […]
While the trend today is for more transit agencies to introduce open-loop fare payments, closed-loop cards, either in physical form or dematerialized on smartphones and wearables, will be with us for many years to come–though perhaps in a reduced role. That’s according to a recent panel discussion at the Mobility Payments Asia Pacific 2021 conference. […]
Moscow Metro is launching a trial of a virtual version of its closed-loop Troika card that will be added to the Google Pay wallet, the agency announced Wednesday. […]
While the move to open-loop fare collection by transit agencies gets a lot of attention, some major agencies have been shunning the idea of accepting bank cards for fares while expanding ways their customers can pay with well-established closed-loop fare cards. […]
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