News - Page 28 of 50 - Mobility Payments

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

by Dan BalabanPosted on May 2, 2022 (May 4, 2022)Posted in Open LoopTagged Visa

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…

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Visa Reports 50 Open-Loop Launches and Strong Growth in Transactions for First Half of Fiscal Year

by Dan BalabanPosted on April 27, 2022 (April 28, 2022)Posted in Open LoopTagged Visa

Visa said 50 more cities globally introduced open-loop payments that included acceptance of Visa-branded cards and NFC wallet credentials during the six months ending March 31, though the payments scheme…

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Rollouts of ‘VSAM’ Technology Finally Start to Pick Up Speed

by Dan BalabanPosted on April 26, 2022 (July 7, 2022)Posted in Open LoopTagged Planeta Informática, TransLink

More than three years after it was introduced, a technology designed to make it easier and less costly for transit agencies to accept open-loop payments on their proprietary closed-loop terminals…

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Canadian Transit Agencies Move to Enable Domestic Debit but Open Loop Expected to Continue to Take Back Seat

by Dan BalabanPosted on April 21, 2022 (January 12, 2023)Posted in Open LoopTagged STL, TransLink

Montréal-area transit operator STL this month officially launched its open-loop payments service–one of the few in Canada and the largest project outside of Vancouver. [...]Read More

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Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

by Dan BalabanPosted on April 14, 2022 (August 30, 2024)Posted in Open LoopTagged Cal-ITP, Editor's Choice, Sacramento Regional Transit

A top revenue manager for Sacramento Regional Transit, the agency serving California’s capital city, said he believes there won’t be widespread rollouts of open-loop payments in California or throughout the…

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Transport for London Sees Open-Loop Revenue Return to Pre-Pandemic Levels

by Dan BalabanPosted on April 14, 2022 (December 16, 2022)Posted in Open Loop

Contactless open-loop payments revenue has already returned to pre-pandemic levels in London, despite ridership on the London Underground still around one-third lower than in 2019 and bus ridership down by…

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Conduent to Part with Its Transportation Business Unit, Including Fare Collection

by Dan BalabanPosted on April 11, 2022 (April 12, 2022)Posted in Closed LoopTagged Conduent

U.S.-based Conduent, a business services outsourcing company, said it would sell or spin off its transportation business unit, a major automated fare-collection system supplier globally. [...]Read More

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Uber to Pilot Travel App in UK, Starting with Intercity Train and Bus Booking and Ticketing

by Dan BalabanPosted on April 7, 2022 (April 15, 2022)Posted in Mobile TicketingTagged Uber

Uber announced Wednesday that it would enable users of its ride-hailing app in the UK to also book and pay for tickets for intercity trains and coaches this summer, along…

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Public Transit Ticket Sales in Transit App Continue to Grow, though Make Up Small Share of Total Fare Revenue

by Mobility Payments StaffPosted on April 6, 2022 (April 7, 2022)Posted in Mobile TicketingTagged Transit app

Using Transit app at vending machine in Dayton

The Transit app has recorded nearly 2.5 million ticketing transactions since it began enabling transit agency customers to buy tickets in its trip-planning app in 2019, the app provider told…

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Exclusive: Flowbird CEO Says He’s Confident of Winning Business in California Despite Exclusion from Cal-ITP

by Dan BalabanPosted on March 31, 2022 (April 1, 2022)Posted in Open LoopTagged Flowbird

The CEO of France-based ticketing and fare-payments provider Flowbird said the company will continue to pursue business in California for its open-loop technology despite not being selected for an open-loop…

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

Visa Reports 50 Open-Loop Launches and Strong Growth in Transactions for First Half of Fiscal Year

Rollouts of ‘VSAM’ Technology Finally Start to Pick Up Speed

Canadian Transit Agencies Move to Enable Domestic Debit but Open Loop Expected to Continue to Take Back Seat

Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

Transport for London Sees Open-Loop Revenue Return to Pre-Pandemic Levels

Conduent to Part with Its Transportation Business Unit, Including Fare Collection

Uber to Pilot Travel App in UK, Starting with Intercity Train and Bus Booking and Ticketing

Public Transit Ticket Sales in Transit App Continue to Grow, though Make Up Small Share of Total Fare Revenue

Exclusive: Flowbird CEO Says He’s Confident of Winning Business in California Despite Exclusion from Cal-ITP

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.