Transport for London’s Lucrative Sponsorship Deal with Google Shows Value of ‘Point of Sale’ Real Estate at Fare Gates

(This premium article was originally published March 4, 2020 in Mobility Payments’ sister publication NFC Times.)  Transport for London’s recent deal with Google to put the Google Pay Logo on more than 5,600 contactless gate readers across the large London Underground network is not the first time that the London transit authority has rented out […]

Read More

Transport Officials in Sydney See Growing Demand for Contactless Fare Payments but Have No Plans to Retire Closed-Loop Opal

(This premium article was originally published in January 2020. © Mobility Payments and Forthwrite Media.) Transport officials in Australia have released figures on use of contactless payments in Sydney and New South Wales, showing that customers tap their contactless credit and debit cards and NFC devices for an average of 1.5 million transactions per week, […]

Read More

Exclusive: Vancouver Transit Authority has Lucrative Deal with Debit Scheme Interac to Enable and Promote Interac Brand for Open-Loop Payments

Interac card at Compass terminal

Vancouver transit authority TransLink signed a deal with Canadian debit scheme Interac last year that would pay TransLink a total of CA$2.75 million (US$2.1 million) for enabling customers to tap Interac cards and credentials to pay for fares and for promoting the Interac brand, Mobility Payments has learned. […]

Read More

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

Visa card at OMNY terminal

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 to be are among the hardest hit by these fees because of the low value of most of their transactions. […]

Read More