News - Page 24 of 56 - Mobility Payments

Can Transit Agencies Save Money with Open-Loop Payments?

by Dan BalabanPosted on July 13, 2023 (July 14, 2023)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies often offer open-loop payments mainly for convenience–that is, to enable their customers to tap to pay for fares with their credit and debit cards and NFC wallets without…

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Text of Letter to Top Official in Melbourne Details Cubic Attack on Conduent’s Credentials

by Dan BalabanPosted on July 10, 2023 (July 11, 2023)Posted in Closed LoopTagged Melbourne

Top Cubic executives accused government procurement officials in Melbourne of failing to independently verify rival Conduent's credentials, contending that this was a key reason Cubic lost a 15-year, AU$1.7 billion…

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U.S. Transit Agency Swaps Out Validators after Supplier Misses Bid Deadline by Three Hours

by Dan BalabanPosted on July 10, 2023 (July 12, 2023)Posted in Open LoopTagged California

The first transit agency to pilot open-loop payments under an unconventional procurement program backed by the U.S. state of California is set to make the payments service permanent starting this…

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Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

by Dan BalabanPosted on July 7, 2023 (January 2, 2024)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies rolling out open-loop payments have an important question or two to answer: Should they include concessionary discounts with their open-loop service, and, if so, how? [...]Read More

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‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

by Dan BalabanPosted on June 29, 2023 (July 6, 2023)Posted in Open LoopTagged Editor's Choice, Interchange, OVpay, Transport for London

Shashi Verma, chief technology officer for Transport for London and the driving force behind the agency’s landmark open-loop payments service, called for greater regulation of interchange rates outside of the…

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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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Can Transit Agencies Save Money with Open-Loop Payments?

Text of Letter to Top Official in Melbourne Details Cubic Attack on Conduent’s Credentials

U.S. Transit Agency Swaps Out Validators after Supplier Misses Bid Deadline by Three Hours

Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

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

Miami Disqualifies Top-Ranked Cubic for $40 Million Back-Office Contract; Vendor Vows to File Objection and to ‘Pursue all Available Remedies’

In-Depth: Cal-ITP Open-Loop Procurement Program Records Biggest Year in 2025 but Several Challenges Remain

Los Angeles-Area Commuter Rail Operator Seeks to Offer Open Loop in Time for World Cup, Olympics; Hopes to Fare Better than Northern Counterpart

Denmark Confirms Plans to Shut Down Long-Established Closed-Loop Card in May as Mobile-Ticketing App Hits Two-Thirds Adoption

Miami Declines to Change Evaluation Scores in Back-Office Procurement, Leaving Cubic’s No. 1 Rank Intact

Miami Disqualifies Top-Ranked Cubic for $40 Million Back-Office Contract; Vendor Vows to File Objection and to ‘Pursue all Available Remedies’

In-Depth: Cal-ITP Open-Loop Procurement Program Records Biggest Year in 2025 but Several Challenges Remain

Miami to Reconvene Selection Committee after Vendors Challenge Cubic’s No. 1 Ranking for Back-Office Deal; Cubic Threatens Protest

Analysis: Cubic Takes Big Hit to Reputation in Losing Transport for London Contract, as Debt Woes Mount

Special Report: New York Mayor Mamdani Champions Zero-Fare Buses for NYC as Kansas City Prepares to Walk it Back