In one of the first procurements of open-loop technology past the pilot stage for the pioneering California Integrated Travel Project, a group of rural transit agencies in Northern California received a low price for its planned open-loop payments rollout, Mobility Payments has learned. […]
U.S.-based Passport Labs confirmed that it will shut down its mobile transit-ticketing business and end all support for its platform at the end of this year, as it quietly exits the ticketing market segment. […]
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 fees for agencies to accept debit and credit cards. […]
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 credit and debit cards for fares. […]
The Los Angeles Department of Transportation, or LADOT, the city-owned transit agency that runs fixed-route and commuter bus service in and around the city, plans to launch a trial of open-loop payments as part of the California Integrated Travel Project, Mobility Payments has learned. […]
As the California Department of Transportation, or Caltrans, sees it, the state’s more than 300 local transit agencies offer a fragmented and inefficient mix of fare collection systems–a fact it says discourages many potential riders among the state’s nearly 40 million residents from taking public transit. […]
California public bus agency Monterey-Salinas Transit last month officially launched a six-month “demonstration” project to pilot contactless open-loop payments. While the agency is very small, providing only around 3,500 rides per day last year, the launch holds much greater significance. […]
In its first full year of operation, a state-backed program in California targeted at small to mid-sized transit agencies– encouraging them to buy open-loop payments technology–has attracted orders from just six agencies and one small group. […]
California’s bold experiment into helping transit agencies procure technology to launch open-loop payments is off to a slow start, with only eight agencies–most very small–placing orders with state-vetted vendors through December, Mobility Payments has learned. […]
Open-loop payments can improve the customer experience, helping transit agencies to win back customers in a post-pandemic world, while also reducing cash-handling costs and speeding up boarding times, according to a new report from the Brookings Institution, a major think tank in the U.S. […]
This web site uses cookies to offer you the most relevant information. Please accept cookies for optimal performance. Read More
