Apple Enables Virtual SmarTrip Fare Card for Apple Pay in Washington, D.C., with More Closed-Loop Transit Cards Expected This Year in U.S.

Apple added support for its latest closed-loop transit card for Apple Pay, enabling customers of the Washington Metropolitan Area Transit Authority, or WMATA, to tap their NFC-enabled iPhones and Apple Watches to pay for rides with WMATA’s SmarTrip virtual...

Transit Agencies Feel Heat from Chip Shortage as They Source Closed-Loop Cards

Clipper card on phone
Transit agencies continue to see long lead times on their closed-loop card orders because of supply-chain issues, and the situation is unlikely to improve this year. [...]

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Visa Reports 50 Open-Loop Launches and Strong Growth in Transactions for First Half of Fiscal Year

Visa card at metro gate Genoa
Visa said 50 more cities globally introduced open-loop payments that included acceptance of Visa-branded cards and NFC wallet credentials during the six months ending March 31, though the payments scheme is believed to be including cities where agencies only...
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