Taiwan’s Dominant Transit Purse Struggles with New E-Payments Landscape

EasyCard Corp. remains the dominant contactless stored-value card in Taiwan, boasting market shares of nearly three-quarters of transit fare payments and retail transactions nationally amid competition from three other contactless closed-loop cards that vie for transit and low-value retail transactions across the island nation. […]

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New York’s MTA OMNY Service Continues to Grow as Agency Preps Further Rollout This Year

OOMNY terminal

As New York’s Metropolitan Transportation Authority marked the two-year anniversary since launching the first phase of its high-profile OMNY open-loop fare payments rollout in May 2019, transactions continue to grow.

Riders were tapping for more than 17% of all rides on the authority’s massive subway system and for around 14% on the entire system, both subway and buses. That’s according to figures released by the MTA to Mobility Payments around mid-June. As of then, the agency said customers had tapped for a total of more than 93 million rides since the service launched.
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