News - Page 29 of 61 - Mobility Payments

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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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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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

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

Miami Hearing Officer Rejects Protests by Cubic, Moovel; Vendors Vow to Weigh ‘All Available Options’

Tip Sheet: Chicago’s Ventra 3.0 Flies Under Radar; Vancouver may be in Talks with Vendors

Exclusive: Cubic, Moovel and Masabi Make Arguments to Protest Hearing Officer in Miami

Vendors Prepare to Compete for Business, as New York’s MTA Requests First Bids for Large Fare-Evasion Project

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Miami Hearing Officer Rejects Protests by Cubic, Moovel; Vendors Vow to Weigh ‘All Available Options’

Exclusive: Cubic, Moovel and Masabi Make Arguments to Protest Hearing Officer in Miami

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi