Central Bank in Latin American Country Drives Nationwide Rollout of Open Loop; Can It Serve as a Model Elsewhere?

Costa Rica bus
In a first for Latin America and perhaps one of the only projects of its kind in the world, the Central Bank of Costa Rica is building a nationwide infrastructure for open-loop transit payments, as it seeks to ultimately eliminate cash on board its buses and...

Exclusive: French Cities Make Move to Open-Loop Payments, Though Paris Holds Back

Open-Loop Payment Dijon
France had fallen behind such open-loop payments hotspots in Europe as the UK and Italy. But it has been catching up over the past couple of years, starting with small to medium-sized cities. [...]

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Visa Quietly Lowers Interchange for Transit Agencies in California but Scope of Reductions Limited So Far

Card at terminal, Monterey-Salinas Transit
Visa has quietly introduced a new interchange category for transit agencies in California, Mobility Payments has learned. If rolled out nationally and across more card types, the changes could substantially reduce the high fees that agencies pay to accept...
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