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

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

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...