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Florence Launches Open-Loop Payments for Single Rides with Help from Visa

by Dan BalabanPosted on April 2, 2024 (April 3, 2024)Posted in Open LoopTagged Italy, Milan, Naples, Rome

The bus and tram operator in Florence and the surrounding Tuscany region in Italy launched open-loop payments for single rides last week, with help from Visa. Transport operator Autolinee Toscane, owned by France-based RATP Group, introduced the technology,...

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Lisbon Metro’s Open-Loop Project Gets Help from Visa, with Major Contribution from Payments Scheme

by Dan BalabanPosted on August 1, 2023 (December 29, 2023)Posted in Open LoopTagged Visa

Lisbon is latest European capital to launch open-loop payments, with the Lisbon Metro introducing the service recently. [...]

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Special Report: Visa’s Marketing Message on Open-Loop Projects–Does It Add Up?

by Dan BalabanPosted on March 6, 2023 (March 14, 2023)Posted in Open LoopTagged Editor's Choice, Visa

Open-loop payments is perhaps the hottest fare-payments technology around today. But getting reliable estimates on just how large the open-loop footprint is has proved to be difficult. [...]

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Visa Seeks to Boost Open-Loop Payments in Asia Pacific, Where Technology has So Far Lagged Behind

by Dan BalabanPosted on November 23, 2022 (November 24, 2022)Posted in Open LoopTagged Visa

In a region that has lagged behind in open-loop payments rollouts, Visa Tuesday sought to showcase the two largest launches to date in Asia Pacific, in Sydney and Singapore, where representatives of transit agencies said they are seeing strong adoption of the...

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Visa Reports 50 Open-Loop Launches and Strong Growth in Transactions for First Half of Fiscal Year

by Dan BalabanPosted on April 27, 2022 (April 28, 2022)Posted in Open LoopTagged Visa

Visa said 50 more cities globally introduced open-loop payments that included acceptance of Visa-branded cards and NFC wallet credentials during the six months ending March 31, though the payments scheme is believed to be including cities where agencies only...

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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 (December 14, 2022)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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Italian Transit Operator and Visa Launch Open-Loop Pilot Enabling Multipassenger Fare Capping

by Mobility Payments StaffPosted on February 22, 2022 (April 2, 2024)Posted in Open LoopTagged AMT, Visa

Italian transit operator AMT along with Visa have launched a pilot of open-loop fares payments, enabling multipassenger fare capping for the first time in Italy–and probably for one of the first times globally. [...]

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Visa Touts Growth in Contactless, Continues to Push Open-Loop Payments

by Mobility Payments StaffPosted on July 30, 2021 (July 31, 2021)Posted in Open LoopTagged Visa

Visa reported this week that contactless payments continued to climb as a percentage of all face-to-face transactions with its brand at retail, and among the uses the network is continuing to push for contactless payments is to pay transit fares. [...]

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

by Dan BalabanPosted on January 1, 2021 (June 26, 2021)Posted in Open LoopTagged MTA, OMNY, Visa

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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Tip Sheet: Italy’s National Rail Operator Launches Open-Loop Pilot with Fare Capping

by Dan BalabanPosted on April 11, 2024 (April 12, 2024)Posted in Open LoopTagged Italy, MTA, RKRP, Sydney

taly’s national rail operator, Trenitalia, has launched an open-loop pilot with broad fare-capping options in the Veneto region of Northern Italy, on a rail line between the cities of Verona and Venice. The pilot, which launched last week, is believed to...

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Search Results for: visa

Florence Launches Open-Loop Payments for Single Rides with Help from Visa

Lisbon Metro’s Open-Loop Project Gets Help from Visa, with Major Contribution from Payments Scheme

Special Report: Visa’s Marketing Message on Open-Loop Projects–Does It Add Up?

Visa Seeks to Boost Open-Loop Payments in Asia Pacific, Where Technology has So Far Lagged Behind

Visa Reports 50 Open-Loop Launches and Strong Growth in Transactions for First Half of Fiscal Year

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

Italian Transit Operator and Visa Launch Open-Loop Pilot Enabling Multipassenger Fare Capping

Visa Touts Growth in Contactless, Continues to Push Open-Loop Payments

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

Tip Sheet: Italy’s National Rail Operator Launches Open-Loop Pilot with Fare Capping

Bid Award Challenged in Sweden’s No. 2 City by Ridango; but Displaced Incumbent Vix Declines to Appeal

Tip Sheet: Cubic Lays Off More Employees; Contends It Needs to 'Become Leaner' and More Competitive

Tip Sheet: Italy’s National Rail Operator Launches Open-Loop Pilot with Fare Capping

Denmark Hits First Milestone for National Mobile-Ticketing Service–with Many More Milestones to Go

Tip Sheet: Why is EMV-Enabled Closed-Loop OMNY Card Failing to Take Off?

Tip Sheet: Why is EMV-Enabled Closed-Loop OMNY Card Failing to Take Off?

Three Big Agencies Say Devices Starting to Dominate Cards for Open-Loop Payments

Tip Sheet: Groundbreaking Open-Loop Procurement in Venice May Finally Launch in Spring

From Guru to Poster Child for MaaS’ Failures, Whim App Founder Calls it Quits

Worldline COO: Open Loop as ‘Revolution’ is Oversold; Urges Truly Revolutionary Thinking on Payments, Fare Models