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More Transit Agencies Seek to Eliminate Cash Using Retail Cash Points, Fintechs

by Dan BalabanPosted on Posted in Open LoopTagged , , , ,
In the wake of the Covid-19 pandemic, elimination of cash has taken on greater urgency for transit agencies. Fare-collection system suppliers say they are seeing strong demand for cashless options, including linking their mobile ticketing and contactless...

Open-Loop Payments Trial at Small California Transit Agency Could Lead to More Rollouts in Giant State

by Dan BalabanPosted on Posted in Open LoopTagged , ,
California public bus agency Monterey-Salinas Transit last month officially launched a six-month “demonstration” project to pilot contactless open-loop payments. While the agency is very small, providing only around 3,500 rides per day last year, the...

Los Angeles Transit Authority Follows Through with Plans to Enable TAP Card for Apple Pay; Google Pay to Follow

by Dan BalabanPosted on Posted in Closed LoopTagged , , , ,
Another major U.S. transit agency has introduced a virtual closed-loop card for Apple Pay this week, with the Los Angeles County Metropolitan Transportation Authority, or Metro, It comes a couple of days after the Washington (D.C.) Metropolitan Area Transit...

Groundbreaking System to Check Eligibility for Fare Discounts Doesn’t Support NFC Wallets; Agency Head Promises Fix

by Dan BalabanPosted on Posted in Open LoopTagged ,
Visa card being tapped on MST terminal.
California bus agency Monterey-Salinas Transit recently launched what is believed to be the first system of its kind globally that enables customers to verify their eligibility for fare discounts online, then instantly link that eligibility to a standard...