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In-Depth: Retail Payments Networks Key to Cashless Push by U.S. Transit Agencies

by Dan BalabanPosted on February 2, 2022 (February 16, 2022)Posted in Closed LoopTagged InComm Payments, MBTA

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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Open-Loop Technology May be ‘Interoperable,’ but Not for Transit Agencies; Trade Group Wants to Help Remedy That

by Dan BalabanPosted on January 5, 2022 (January 6, 2022)Posted in Open LoopTagged Transport for London, UITP, Visa

One of the main selling points for open-loop payments is that it offers a form of interoperability that enables riders to use the same credit or debit card to pay their fares whether they ride in London, New York or Singapore. [...]

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Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards

by Dan BalabanPosted on October 27, 2021 (October 3, 2022)Posted in Closed LoopTagged Editor's Choice, MTA, Transport for London, Transport for NSW

As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to...

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Exclusive: NFC Wallets Grow as Share of Contactless Fare Payments and Not Only Because of Covid

by Dan BalabanPosted on October 13, 2021 (October 19, 2021)Posted in Open LoopTagged Editor's Choice, Transport for London, Transport for NSW

Transit agencies that have rolled out open-loop contactless payments are seeing growing use of NFC wallets to pay fares, as Covid-wary passengers see convenience in tapping their phones or wearables to pay. [...]

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While Interest is Growing in Going Cashless in U.S., Few Agencies have Accomplished the Feat So Far

by Dan BalabanPosted on September 13, 2021 (September 17, 2021)Posted in Closed LoopTagged Big Blue Bus, Cashless, Greater Dayton RTA

The Greater Dayton RTA, which this month stopped accepting paper passes and tickets, will hit its Nov. 1 deadline to go completely cashless on board its vehicles, an agency representative confirmed to Mobility Payments. [...]

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Masabi Seeks to Expand Beyond Mobile Ticketing and to Sign Up Large Agencies, Stoking More Competition with Suppliers Like Cubic

by Dan BalabanPosted on August 19, 2021 (August 20, 2021)Posted in Mobile TicketingTagged Editor's Choice, Masabi, SaaS Ticketing

UK-based software-as-a-service ticketing provider Masabi said it is targeting large transit agencies in the U.S. and beyond, seeking to sell the agencies on plugging into its SaaS platform rather than building what Masabi contends are expensive and often...

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Australia’s Transport for New South Wales Sees ‘Significant Increase’ in Use of Mobile Wallets by Riders

by Dan BalabanPosted on August 13, 2021 (December 2, 2021)Posted in Open LoopTagged Mobile wallets, Sydney Metro, Transport for New South Wales

Mobile wallets now make up more than half of all contactless payments for Transport for New South Wales, Australia’s largest transit agency, the agency confirmed to Mobility Payments. [...]

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WMATA in D.C. Rolling Out New Terminals but has No Immediate Plans to Support Open Loop

by Dan BalabanPosted on July 29, 2021 (July 4, 2022)Posted in Open LoopTagged SmarTrip, WMATA

The Washington (D.C.) Metropolitan Area Transit Authority last month started to replace 1,200 aging faregates for its 91-station metro system and starting next year will do the same with 20-plus year-old fareboxes on board 1,500 buses, including upgraded...

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Regional Transit Group Enables Cash Loading in Apps

by Dan BalabanPosted on July 9, 2021 (July 9, 2021)Posted in Mobile TicketingTagged Cash, Masabi

Ohio-based NEORide consortium, a regional transit group that among other things, handles mobile-ticketing fare collection for 13 transit agencies in the U.S. states of Ohio, Kentucky and Michigan, is seeking to reduce cash from its members buses. It’s the...

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

by Dan BalabanPosted on July 7, 2021 (July 7, 2021)Posted in Open LoopTagged Editor's Choice, MBTA, OMNY, RTC of Southern Nevada, Transport for London

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...

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Search Results for: MTA

In-Depth: Retail Payments Networks Key to Cashless Push by U.S. Transit Agencies

Open-Loop Technology May be ‘Interoperable,’ but Not for Transit Agencies; Trade Group Wants to Help Remedy That

Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards

Exclusive: NFC Wallets Grow as Share of Contactless Fare Payments and Not Only Because of Covid

While Interest is Growing in Going Cashless in U.S., Few Agencies have Accomplished the Feat So Far

Masabi Seeks to Expand Beyond Mobile Ticketing and to Sign Up Large Agencies, Stoking More Competition with Suppliers Like Cubic

Australia’s Transport for New South Wales Sees ‘Significant Increase’ in Use of Mobile Wallets by Riders

WMATA in D.C. Rolling Out New Terminals but has No Immediate Plans to Support Open Loop

Regional Transit Group Enables Cash Loading in Apps

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

Small Dutch Start-Up that Bought MaaS Global Assets Says It Can Avoid ‘Pitfalls’ That Defeated Whim App

Tip Sheet: LA Metro Considers Open-Loop Payments, Sole-Source Contract for Cubic

Cubic Wins Appeal in Denmark, as Officials Cancel One of the Contracts for National Mobile-Ticketing System

Bid Award Challenged in Sweden’s No. 2 City by Ridango; but Displaced Incumbent Vix Declines to Appeal

Tip Sheet: Cubic Lays Off More Employees; Contends It Needs to 'Become Leaner' and More Competitive

Tip Sheet: Why is EMV-Enabled Closed-Loop OMNY Card Failing to Take Off?

Three Big Agencies Say Devices Starting to Dominate Cards for Open-Loop Payments

Tip Sheet: Groundbreaking Open-Loop Procurement in Venice May Finally Launch in Spring

From Guru to Poster Child for MaaS’ Failures, Whim App Founder Calls it Quits

Worldline COO: Open Loop as ‘Revolution’ is Oversold; Urges Truly Revolutionary Thinking on Payments, Fare Models