Despite the growth of open-loop payments, closed loop will continue to play a necessary role for transit agencies, especially to accommodate the unbanked and underbanked and customers that don’t want to use their credit or debit cards to pay fares, panelists at a recent Visa-sponsored webinar said. […]
For years, Philadelphia transit authority SEPTA was supposed to be the next big agency in North America to support open-loop payments. Now it appears that a launch of open loop might not happen until at least 2026, as part of an overhaul of a fare system that has been beset by delays and cost overruns. […]
The Utah Transit Authority has hired fare-collection system vendor Scheidt & Bachmann to implement and host its new account-based ticketing system, including replacing all validators and ticket-vending machines and also swapping out its mobile-ticketing system, which itself was replaced on an interim basis last year. […]
Transit agency Storstockholms Lokaltrafik, or SL, in Stockholm launched what is believed to be the industry’s first rollout of white-label EMV cards for its closed-loop customers in September 2021. To date it has issued around 1.5 million cards, which customers use frequently. […]
Canada’s fifth largest city, Edmonton, launches its first electronic fare card today, with the closed-loop contactless Arc card becoming available for standard adult fares. An open-loop payments service will eventually follow, Cameron Grayson, director, transit innovation programs for the Edmonton Transit Service, or ETS, told Mobility Payments in a statement. […]
Transport for London yesterday launched its much-anticipated call for tenders to find the next vendor to run its high-profile fare-collection system–with the so-called “Project Proteus” expected to be one of the most expensive and complex fare-system contracts now in play globally. […]
Users of open-loop payments in France are mainly tourists and occasional riders paying for single tickets–not the transit agencies’ regular customers–the head of a company that implements closed-loop mobile NFC ticketing in France, told Mobility Payments. […]
Transit agencies continue to see long lead times on their closed-loop card orders because of supply-chain issues, and the situation is unlikely to improve this year. […]
Ireland’s National Transport Authority, or NTA, plans to award a contract for its long-awaited nationwide next-generation ticketing project by the fourth quarter of next year, the agency has told Mobility Payments. That is a least a year behind schedule. […]
U.S.-based Conduent, a business services outsourcing company, said it would sell or spin off its transportation business unit, a major automated fare-collection system supplier globally. […]
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