Open Loop Archives - Page 23 of 30

Canada Lags Behind on Open-Loop Payments, but Interest Continues to Build, According to Major Acquirer

by Dan BalabanPosted on May 11, 2022 (August 12, 2022)Posted in Open LoopTagged Moneris, STL, TransLink, TTC

When it comes to open-loop payments, Canada has been lagging behind, acknowledges Pasquale Pizzi, senior vice president for Moneris, a major processor and acquirer in the country. [...]Read More

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Insight: Open-Loop Payments Exceed Expectations for Brussels Transit Operator

by Dan BalabanPosted on May 5, 2022 (May 5, 2022)Posted in Open LoopTagged STIB

The major transit operator serving Brussels, STIB-MIVB, said riders have used contactless payments for nearly 5 million trips on its metro, buses and trams since launching the open-loop payments service…

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Fixed Interchange Fees Hit U.S. Transit Agencies Hard, While Other Merchants Can Soften Blow

by Dan BalabanPosted on May 2, 2022 (May 4, 2022)Posted in Open LoopTagged Visa

A wide range of U.S. merchants pay the same fixed debit card fees based on interchange, including supermarkets, gasoline stations, restaurants and hotels. But transit agencies accepting open-loop payments appear…

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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…

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Rollouts of ‘VSAM’ Technology Finally Start to Pick Up Speed

by Dan BalabanPosted on April 26, 2022 (July 7, 2022)Posted in Open LoopTagged Planeta Informática, TransLink

More than three years after it was introduced, a technology designed to make it easier and less costly for transit agencies to accept open-loop payments on their proprietary closed-loop terminals…

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Canadian Transit Agencies Move to Enable Domestic Debit but Open Loop Expected to Continue to Take Back Seat

by Dan BalabanPosted on April 21, 2022 (January 12, 2023)Posted in Open LoopTagged STL, TransLink

Montréal-area transit operator STL this month officially launched its open-loop payments service–one of the few in Canada and the largest project outside of Vancouver. [...]Read More

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Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

by Dan BalabanPosted on April 14, 2022 (August 30, 2024)Posted in Open LoopTagged Cal-ITP, Editor's Choice, Sacramento Regional Transit

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…

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Transport for London Sees Open-Loop Revenue Return to Pre-Pandemic Levels

by Dan BalabanPosted on April 14, 2022 (December 16, 2022)Posted in Open Loop

Contactless open-loop payments revenue has already returned to pre-pandemic levels in London, despite ridership on the London Underground still around one-third lower than in 2019 and bus ridership down by…

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Exclusive: Flowbird CEO Says He’s Confident of Winning Business in California Despite Exclusion from Cal-ITP

by Dan BalabanPosted on March 31, 2022 (April 1, 2022)Posted in Open LoopTagged Flowbird

The CEO of France-based ticketing and fare-payments provider Flowbird said the company will continue to pursue business in California for its open-loop technology despite not being selected for an open-loop…

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Exclusive: French Cities Make Move to Open-Loop Payments, Though Paris Holds Back

by Dan BalabanPosted on March 31, 2022 (June 27, 2022)Posted in Open LoopTagged Editor's Choice, France

France had fallen behind such open-loop payments hotspots in Europe as the UK and Italy. But it has been catching up over the past couple of years, starting with small…

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Category: Open Loop

Canada Lags Behind on Open-Loop Payments, but Interest Continues to Build, According to Major Acquirer

Insight: Open-Loop Payments Exceed Expectations for Brussels Transit Operator

Fixed Interchange Fees Hit U.S. Transit Agencies Hard, While Other Merchants Can Soften Blow

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

Rollouts of ‘VSAM’ Technology Finally Start to Pick Up Speed

Canadian Transit Agencies Move to Enable Domestic Debit but Open Loop Expected to Continue to Take Back Seat

Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

Transport for London Sees Open-Loop Revenue Return to Pre-Pandemic Levels

Exclusive: Flowbird CEO Says He’s Confident of Winning Business in California Despite Exclusion from Cal-ITP

Exclusive: French Cities Make Move to Open-Loop Payments, Though Paris Holds Back

Vendors Prepare to Compete for Business, as New York’s MTA Requests First Bids for Large Fare-Evasion Project

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Updated: Modaxo Completes Acquisition of Conduent Transit Unit; Renames Fare Business ‘Novvan’

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Barcelona Transport Authority Sets Date for Launch of Open-Loop Payments…Again; Can It Make It This Time?

Miami-Dade County Recommends Masabi for Back Office Deal; If Approved by Board, Debt-Strapped Cubic Would Lose Another Contract as Incumbent