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...
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Bangkok Transit Agency Disappointed with Open-Loop Adoption Rate with Credit Cards; Rolls Out Prepaid EMV Card

MRTA train in Thailand
Open-loop payments account for 13% of rides on the main metro line of the Mass Rapid Transit Authority of Thailand in Bangkok. Many transit agencies would be happy with that adoption rate–especially less than two and a half years after introducing the...
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