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

by Dan BalabanPosted on Posted in Open LoopTagged , ,
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...

MaaS Expert: Mobility-as-a-Service Initiatives on Wrong Track; New ‘Framework’ Needed

by Dan BalabanPosted on Posted in MaaSTagged
Cars on Sydney expressway
Mobility as a service, at least in its present form, will not scale and has little commercial sustainability. MaaS, in fact, may never live up to its hype or see large-scale rollouts. [...]

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Special Report: More Agencies Taking Modular Approach to Build Their Fare Systems, Shunning Single-Supplier Model

by Dan BalabanPosted on Posted in Open LoopTagged , , ,
Metrolinx presto
Transit agencies planning to roll out new electronic fare-collection systems have typically hired automated fare-collection vendors to handle the entire projects, from supplying the validators and payments processing to building or procuring the back office...
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In-Depth: Retail Payments Networks Key to Cashless Push by U.S. Transit Agencies

by Dan BalabanPosted on Posted in Closed LoopTagged ,
NYC Subway-Times Square station
Despite the strong push behind electronic fare payments and buzz around going cashless, only a few transit agencies in the U.S. have actually eliminated cash acceptance on board their buses and other vehicles or plan to do so. [...]

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