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Transit Agency Serving California Capital Introduces SaaS-Based Fare System; Plans to Replace Existing Closed-Loop Card and App

by Dan BalabanPosted on Posted in Mobile TicketingTagged , ,
The Sacramento Regional Transit District has launched the first phase of a new ticketing service from UK-based Masabi, with plans calling for the system to replace the agency’s existing closed-loop card and its current mobile app from vendors INIT and...

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’

by Dan BalabanPosted on Posted in Closed LoopTagged
Vix Technology Group recently agreed to pay $2.1 million to settle a fraud case alleging Vix made false claims on its application for a low-interest Covid relief loan. Vix CEO Aaron Ross insisted to Mobility Payments that the damages will have “no impact”...

In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

by Dan BalabanPosted on Posted in Open LoopTagged ,
The Sacramento Regional Transit District in California, which launched open-loop payments earlier this month, is enabling concessionary discounts with credit and debit cards for three categories of riders–and at least for now, cuts by the Trump...