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Think Tank: Widespread Move to Open-Loop Payments in U.S. Remains ‘Elusive;’ High Interchange Partly to Blame

by Dan BalabanPosted on January 10, 2023 (January 14, 2023)Posted in Open LoopTagged Editor's Choice

Open-loop payments can improve the customer experience, helping transit agencies to win back customers in a post-pandemic world, while also reducing cash-handling costs and speeding up boarding times, according to a new report from the Brookings Institution,...

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Visa Seeks to Boost Open-Loop Payments in Asia Pacific, Where Technology has So Far Lagged Behind

by Dan BalabanPosted on November 23, 2022 (November 24, 2022)Posted in Open LoopTagged Visa

In a region that has lagged behind in open-loop payments rollouts, Visa Tuesday sought to showcase the two largest launches to date in Asia Pacific, in Sydney and Singapore, where representatives of transit agencies said they are seeing strong adoption of the...

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Updated: New Zealand Announces Plans for Nationwide Open-Loop Payments Rollout

by Dan BalabanPosted on October 21, 2022 (May 25, 2025)Posted in Open LoopTagged New Zealand

New Zealand’s Ministry of Transport today announced the country’s planned nationwide rollout of open-loop payments, a system costing an estimated NZ$1.3 billion (US$746.7 million) over 15 years. Officials signed a contract today with U.S.-based Cubic...

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Can Transit Agencies Quit Closed Loop after Rolling Out Open-Loop Payments?

by Dan BalabanPosted on October 13, 2022 (May 12, 2023)Posted in Open LoopTagged Editor's Choice, Open Loop

A panel of industry experts squared off for a first-of-its-kind debate about the pros and cons of open-loop payments, tackling a range of issues–from whether transit agencies can completely eliminate their closed-loop programs in favor of open loop, to...

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New York City Transit Agency Sees Strong Usage of Open-Loop Payments on Subway

by Dan BalabanPosted on October 3, 2022 (October 5, 2022)Posted in Open LoopTagged Metropolitan Transportation Auhtority, MTA

The Metropolitan Transportation Authority said it is seeing nearly 40% of trips taken on its New York City Subway paid for through the agency’s OMNY service, which is used mainly for open-loop payments. [...]

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Search Results for: Google Pay

Think Tank: Widespread Move to Open-Loop Payments in U.S. Remains ‘Elusive;’ High Interchange Partly to Blame

Visa Seeks to Boost Open-Loop Payments in Asia Pacific, Where Technology has So Far Lagged Behind

Updated: New Zealand Announces Plans for Nationwide Open-Loop Payments Rollout

Can Transit Agencies Quit Closed Loop after Rolling Out Open-Loop Payments?

New York City Transit Agency Sees Strong Usage of Open-Loop Payments on Subway

Panel of Experts to Debate Costs, Other Issues Transit Agencies Face in Rolling Out Open-Loop Payments

California Commuter Rail Agency Plans to Launch Open-Loop Payments

Exclusive: Venice Transit Agency Seeks to Launch Open-Loop Payments with Capex-Free ‘Concession’ Model

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

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

Netherlands Sees Some Growth in Open-Loop Adoption; Reiterates End Date for Aging Closed-Loop Card

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

Barcelona Transport Agency Sets Date for Launch of Open-Loop Payments–Two Years Late

New Zealand Taps CTO of Country’s Largest Transport Agency to Try to Get National Ticketing Project Back on Track

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Transport for London Expected to Reveal Winner of Major Revenue-Collection Contract within Weeks

In-Depth: Washington, D.C., Launches Open-Loop Payments on Subway with Overlay Technology; but Transit Agency Incurs Extra Costs

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency