News - Page 18 of 50 - Mobility Payments

Mastercard to Use E-Wallet to Try to Gain Foothold in Vietnam for Open Loop

by Dan BalabanPosted on June 26, 2023 (June 27, 2023)Posted in Open LoopTagged Mastercard, Vietnam

Mastercard is seeking to gain a foothold in Vietnam for open-loop fare payments, helping to fund a launch this summer on 200 public buses in Ho Chi Minh City. [...]Read…

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Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions

by Dan BalabanPosted on June 22, 2023 (June 22, 2023)Posted in Open LoopTagged Transport for London

Transport for London contactless payments

With at least 3 million contactless journeys per day accounting for more than 60% of pay-as-you-go transactions, Transport for London runs what is believed to be the largest open-loop payments…

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Supporting Concessionary Discounts with Open Loop ‘Remains a Challenge’

by Dan BalabanPosted on June 22, 2023 (July 6, 2023)Posted in Open LoopTagged Concessionary discounts, Land Transport Authority, Transport for London

While more and more transit agencies globally are enabling their customers to tap credit and debit cards and NFC wallets to pay fares, there are obstacles limiting growth. [...]Read More

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Second Bidder Questions Procurement Practices behind Melbourne’s 15-Year Fare-System Contract Award

by Dan BalabanPosted on June 20, 2023 (June 21, 2023)Posted in Open LoopTagged Melbourne

A second unsuccessful bidder for Melbourne’s large 15-year AU$1.7 billion (US$1.1 billion) fare-system contract is reportedly raising questions about the procurement process, contending that its bid came in well under…

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Another Italian City to Launch Open-Loop Payments; Will Use Validators from Conduent

by Dan BalabanPosted on June 16, 2023 (June 16, 2023)Posted in Open LoopTagged Conduent

Another Italian city is moving to open-loop payments, with Azienda Trasporti Verona, or ATV, buying EMV-enabled validators from U.S.-based supplier Conduent. [...]Read More

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Second Michigan Transit Agency Plans to Launch Open-Loop Payments; Set to Hire SaaS Ticketing Provider

by Dan BalabanPosted on June 13, 2023 (June 16, 2023)Posted in Open LoopTagged Michigan

A second transit agency in the U.S. state of Michigan plans to introduce open-loop payments, hiring a software-as-a-service vendor to roll out the service. [...]Read More

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Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

by Dan BalabanPosted on June 7, 2023 (May 25, 2024)Posted in Closed Loop, Open LoopTagged MBTA

The Massachusetts Bay Transportation Authority, or MBTA, in Boston recently approved another contract with Scheidt & Bachmann, as it seeks to extend the life of its existing fare-collection system until…

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Top Cubic Executives Complain of ‘Serious Concerns’ about Tender Process in Selection of Rival Conduent in Australia: Reports

by Dan BalabanPosted on June 6, 2023 (June 20, 2023)Posted in Open LoopTagged Melbourne, Victoria

U.S.-based Cubic Corp. sent a letter of complaint to the premier of the Australian state of Victoria in Melbourne, contending that a flawed procurement process led to the selection of…

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U.S. Agency Bypassed Low-Cost Suppliers in Awarding Fare-Collection System Contract

by Dan BalabanPosted on May 31, 2023 (June 1, 2023)Posted in Closed LoopTagged Editor's Choice, Utah Transit Authority

The Utah Transit Authority received responses from eight vendors to its request for proposal for a new fare system, with five of the vendors submitting lower cost bids than the…

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Is Sweden’s No. 2 City Rolling Out Open-Loop Payments Twice?

by Dan BalabanPosted on May 30, 2023 (June 4, 2023)Posted in Open LoopTagged Sweden

Earlier this month, Gothenburg transit authority Västtrafik launched open-loop payments, the fourth city in Sweden to do so, according to Vix Technology, the vendor that implemented the service on 4,500…

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Mastercard to Use E-Wallet to Try to Gain Foothold in Vietnam for Open Loop

Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions

Supporting Concessionary Discounts with Open Loop ‘Remains a Challenge’

Second Bidder Questions Procurement Practices behind Melbourne’s 15-Year Fare-System Contract Award

Another Italian City to Launch Open-Loop Payments; Will Use Validators from Conduent

Second Michigan Transit Agency Plans to Launch Open-Loop Payments; Set to Hire SaaS Ticketing Provider

Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

Top Cubic Executives Complain of ‘Serious Concerns’ about Tender Process in Selection of Rival Conduent in Australia: Reports

U.S. Agency Bypassed Low-Cost Suppliers in Awarding Fare-Collection System Contract

Is Sweden’s No. 2 City Rolling Out Open-Loop Payments Twice?

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’

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?

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.