Closed Loop Archives - Page 7 of 9

In-Depth: Contactless Transactions Soar, but Transport for London Affirms that Oyster Will Remain Payments Option

by Dan BalabanPosted on September 29, 2021 (September 29, 2021)Posted in Closed LoopTagged Contactless payments, Editor's Choice, Oyster card, Transport for London

Contactless open-loop payments have surged in recent months for Transport for London, returning to their steep growth trajectory before the pandemic, and now account for 70% of all pay-as-you-go, or…

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Transport for London to Offer Weekly Fare Capping with Oyster Cards; Move Expected to Drive Even More Riders to Pay as You Go

by Mobility Payments StaffPosted on September 24, 2021 (September 25, 2021)Posted in Closed LoopTagged Oyster card, Transport for London

In a move expected to make Transport for London’s pay-as-you-go model even more dominant and further erode support for season tickets and other period travel passes, the agency today said…

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Sydney Transit Official: Opal Card Not Going Away, Despite Growth of Contactless

by Dan BalabanPosted on September 23, 2021 (September 24, 2021)Posted in Closed LoopTagged Opal card, Transport for New South Wales

Sydney-based Transport for New South Wales, Australia’s largest transit agency, has no plans to phase out or de-emphasize its closed-loop Opal card, despite strong adoption of contactless open-loop payments by…

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Panel: Closed-Loop Payments Expected to Remain an Option for Years to Come Despite Growth of Open Loop

by Dan BalabanPosted on September 20, 2021 (September 29, 2021)Posted in Closed LoopTagged Editor's Choice, FEIG Electronic, HID Global, Infineon Technologies, Transport for London

While the trend today is for more transit agencies to introduce open-loop fare payments, closed-loop cards, either in physical form or dematerialized on smartphones and wearables, will be with us…

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Taiwan’s EasyCard Chief Sees Little Threat to Fare Payments Business from Fintechs

by Dan BalabanPosted on September 15, 2021 (September 16, 2021)Posted in Closed Loop, Mobile TicketingTagged EasyCard, Jkopay, Line Pay

EasyCard Corp., Taiwan’s dominant transit e-purse, is not worried about fintechs taking away a significant share of its fare payments business and, in fact, is in talks to work with…

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While Interest is Growing in Going Cashless in U.S., Few Agencies have Accomplished the Feat So Far

by Dan BalabanPosted on September 13, 2021 (September 17, 2021)Posted in Closed LoopTagged Big Blue Bus, Cashless, Greater Dayton RTA

The Greater Dayton RTA, which this month stopped accepting paper passes and tickets, will hit its Nov. 1 deadline to go completely cashless on board its vehicles, an agency representative…

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‘No Way We were Going to Ask for Half a Billion Dollars…’

by Dan BalabanPosted on September 1, 2021 (October 1, 2021)Posted in Closed LoopTagged Editor's Choice, Metro, Robin O'Hara

Unlike other major transit agencies in the U.S., which have spent hundreds of millions of dollars replacing or upgrading their fare-collection systems, the Los Angeles County Metropolitan Transportation Authority has…

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Major Transit Agency to Test Virtual Closed-Loop Cards with Google Pay

by Mobility Payments StaffPosted on August 5, 2021 (November 4, 2021)Posted in Closed LoopTagged Moscow Metro, Pays wallets, Troika Card

Hand holding smartphone with virtual Troika card at gate.

Moscow Metro is launching a trial of a virtual version of its closed-loop Troika card that will be added to the Google Pay wallet, the agency announced Wednesday. [...]Read More

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Case Study: Ohio Transit Agency Nears Goal of Ridding Vehicles of Cash

by Dan BalabanPosted on July 23, 2021 (October 25, 2024)Posted in Closed LoopTagged Editor's Choice, Greater Dayton RTA, Masabi

(Updated case study): The chief customer and business development officer for the Greater Dayton Regional Transit Authority in the U.S. told Mobility Payments that a phased approach in rolling out…

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Smaller Slovakian Bus Agencies Support Virtual Cards in Google Pay

by Mobility Payments StaffPosted on July 15, 2021 (July 16, 2021)Posted in Closed LoopTagged Google Pay

Two mid-tier bus operators in Slovakia are among the latest to enable their customers to tap virtual closed-loop transit cards in Google Pay to pay fares, using a provisioning service…

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Category: Closed Loop

In-Depth: Contactless Transactions Soar, but Transport for London Affirms that Oyster Will Remain Payments Option

Transport for London to Offer Weekly Fare Capping with Oyster Cards; Move Expected to Drive Even More Riders to Pay as You Go

Sydney Transit Official: Opal Card Not Going Away, Despite Growth of Contactless

Panel: Closed-Loop Payments Expected to Remain an Option for Years to Come Despite Growth of Open Loop

Taiwan’s EasyCard Chief Sees Little Threat to Fare Payments Business from Fintechs

While Interest is Growing in Going Cashless in U.S., Few Agencies have Accomplished the Feat So Far

‘No Way We were Going to Ask for Half a Billion Dollars…’

Major Transit Agency to Test Virtual Closed-Loop Cards with Google Pay

Case Study: Ohio Transit Agency Nears Goal of Ridding Vehicles of Cash

Smaller Slovakian Bus Agencies Support Virtual Cards in Google Pay

New Budget Estimates and ‘Program Reset’ in Victoria State Confirm Cost Overruns and Substantial Delays in Melbourne Project

Procurement Model in Poland Asked Vendors to Front Costs for CapEx in Exchange for Ticketing Revenue; Most Vendors Said, ‘No Thanks’

Changeover Underway to New Vendor for Switzerland’s Fast-Growing Mobile-Ticketing Service

Miami Transit Agency Prepares to Release Tender Request for Back Office for Its Fare-System Overhaul

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency

In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.