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

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...
Preview Article

In-Depth: Transit Agency that Pioneered Open-Loop Payments in U.S. Plans to Roll Out Technology–Again

Salt Lake City light rail
The Utah Transit Authority in Salt Lake City plans to overhaul its fare-collection system, including supporting open-loop payments and launching a new mobile app. [...]

Preview Article

Canada Lags Behind on Open-Loop Payments, but Interest Continues to Build, According to Major Acquirer

Toronto-streetcar
When it comes to open-loop payments, Canada has been lagging behind, acknowledges Pasquale Pizzi, senior vice president for Moneris, a major processor and acquirer in the country. [...]

Preview Article

Insight: Open-Loop Payments Exceed Expectations for Brussels Transit Operator

Tram in Brussels
The major transit operator serving Brussels, STIB-MIVB, said riders have used contactless payments for nearly 5 million trips on its metro, buses and trams since launching the open-loop payments service in mid-2020. [...]

Preview Article