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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 (November 6, 2024)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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OMNY Hits New Usage Milestone as Open-Loop Payments Rollout Continues

by Dan BalabanPosted on March 17, 2021 (April 5, 2021)Posted in Open LoopTagged MTA, OMNY

New York’s Metropolitan Transportation Authority, or MTA, says it continues to see steady growth of its open-loop fare payments service, OMNY, announcing 50 million taps by customers using NFC wallets and bank cards to ride the massive New York City Subway...

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Visa, Mastercard Forecast More Contactless Growth in U.S., Spurred in Part by New York Fare Payments Service

by Dan BalabanPosted on January 1, 2021 (June 26, 2021)Posted in Open LoopTagged MTA, OMNY, Visa

The heads of the two largest payments networks in the U.S., Visa and Mastercard, predict strong growth for contactless payments in the U.S., with Mastercard CEO Ajay Banga noting that 70% of U.S. Mastercard-branded cards in the U.S. are coming up for reissue...

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New York’s OMNY Project Completes Major Milestone, as Transit Officials Point to Steady Growth in Adoption

by Dan BalabanPosted on January 1, 2021 (July 5, 2021)Posted in Open LoopTagged Cubic, MTA, OMNY

New York's Metropolitan Transportation Authority's much-watched open-loop fare collection service, OMNY, has reached a milestone for acceptance in New York's premier borough, Manhattan. [...]

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As Covid-19 Causes Transit Ridership to Plummet, Mobile-Ticketing Vendors Hope to Help Bring Riders Back

by Dan BalabanPosted on January 1, 2021 (February 26, 2021)Posted in Mobile TicketingTagged Cubic, Masabi, Token Transit

(This premium article was originally published in May 2020. © Mobility Payments and Forthwrite Media.) As the Covid-19 crisis sows fear among mass transit customers and causes ridership on buses, [...]

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Use of Contactless EMV to Pay Transit Fares Accelerating, According to Two Agencies

by Dan BalabanPosted on January 1, 2021 (August 13, 2021)Posted in Open LoopTagged MTA, OMNY

Two transit agencies, one large and one small, that began accepting contactless bank cards and NFC wallets to pay fares in recent months are reporting that use of the new payments services is accelerating among their customers. [...]

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Miami Latest U.S. City to Introduce Open-Loop Transit Payments

by Dan BalabanPosted on January 1, 2021 (January 6, 2021)Posted in Open LoopTagged Miami-Dade Transit

Transit officials in Miami-Dade County, Fla. are the latest in the U.S. to introduce open-loop payments of fares with contactless credit and debit cards and bank card credentials on NFC wallets, launching the service in August 2019 on the city's relatively...

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Search Results for: MTA

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

OMNY Hits New Usage Milestone as Open-Loop Payments Rollout Continues

Visa, Mastercard Forecast More Contactless Growth in U.S., Spurred in Part by New York Fare Payments Service

New York’s OMNY Project Completes Major Milestone, as Transit Officials Point to Steady Growth in Adoption

As Covid-19 Causes Transit Ridership to Plummet, Mobile-Ticketing Vendors Hope to Help Bring Riders Back

Use of Contactless EMV to Pay Transit Fares Accelerating, According to Two Agencies

Miami Latest U.S. City to Introduce Open-Loop Transit Payments

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