Lisbon Metro’s Open-Loop Project Gets Help from Visa, with Contribution from Payments Scheme
Lisbon is latest European capital to launch open-loop payments, with the Lisbon Metro introducing the service recently. [...]Read More
Category: Open Loop
Fare payments with contactless EMV cards or card credentials in NFC wallets.
New York’s MTA Celebrates Billionth OMNY Transaction as It Seeks to Put Project Back on Track
New York’s Metropolitan Transportation Authority last week marked the billionth OMNY transaction, with MTA chairman and CEO Janno Lieber speaking at a press conference at the subway station where the…
Thales and Cubic Must Work Together on Major Piece of National Open-Loop Project in New Zealand; Will It Cause Delays?
Auckland Transport, New Zealand’s largest transit authority, plans to roll out open-loop payments for all of its buses, trains and ferries next year using validators and other technology supplied by…
Can Transit Agencies Save Money with Open-Loop Payments?
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…
U.S. Transit Agency Swaps Out Validators after Supplier Misses Bid Deadline by Three Hours
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…
Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop
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? [...]Read More
‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.
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…
Mastercard to Use E-Wallet to Try to Gain Foothold in Vietnam for Open Loop
Mastercard is seeking to gain a foothold in Vietnam for open-loop fare payments, helping to fund a launch this summer on 200 public buses in Ho Chi Minh City. [...]Read…
Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions
With at least 3 million contactless journeys per day accounting for more than 60% of pay-as-you-go transactions, Transport for London runs what is believed to be the largest open-loop payments…
Supporting Concessionary Discounts with Open Loop ‘Remains a Challenge’
While more and more transit agencies globally are enabling their customers to tap credit and debit cards and NFC wallets to pay fares, there are obstacles limiting growth. [...]Read More
