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Visa Quietly Lowers Interchange for Transit Agencies in California but Scope of Reductions Limited So Far

by Dan BalabanPosted on March 17, 2022 (October 2, 2024)Posted in Open LoopTagged Cal-ITP, Editor's Choice

Card at terminal, Monterey-Salinas Transit

Visa has quietly introduced a new interchange category for transit agencies in California, Mobility Payments has learned. If rolled out nationally and across more card types, the changes could substantially reduce the high fees that agencies pay to accept...

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Stockholm Transit Agency Sees Strong Growth in Open-Loop Payments During First Year of Service

by Dan BalabanPosted on March 3, 2022 (March 4, 2022)Posted in Open LoopTagged SL, Sweden

Stockholm, open-loop card tapping reader on bus

Nearly a year after Storstockholms Lokaltrafik, or SL, in Stockholm launched open-loop payments for its multimodal transport network, the agency was seeing around 15% of its total fare revenue coming from contactless EMV payments, according to figures...

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Exclusive: Los Angeles City Transit Agency Plans Open-Loop Payments Pilot; To Target Underbanked and Unbanked

by Dan BalabanPosted on February 23, 2022 (July 18, 2022)Posted in Open LoopTagged Cal-ITP, LADOT

The Los Angeles Department of Transportation, or LADOT, the city-owned transit agency that runs fixed-route and commuter bus service in and around the city, plans to launch a trial of open-loop payments as part of the California Integrated Travel Project,...

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Italian Transit Operator and Visa Launch Open-Loop Pilot Enabling Multipassenger Fare Capping

by Mobility Payments StaffPosted on February 22, 2022 (April 2, 2024)Posted in Open LoopTagged AMT, Visa

Italian transit operator AMT along with Visa have launched a pilot of open-loop fares payments, enabling multipassenger fare capping for the first time in Italy–and probably for one of the first times globally. [...]

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Search Results for: Mastercard

Visa Quietly Lowers Interchange for Transit Agencies in California but Scope of Reductions Limited So Far

Stockholm Transit Agency Sees Strong Growth in Open-Loop Payments During First Year of Service

Exclusive: Los Angeles City Transit Agency Plans Open-Loop Payments Pilot; To Target Underbanked and Unbanked

Italian Transit Operator and Visa Launch Open-Loop Pilot Enabling Multipassenger Fare Capping

Special Report: More Agencies Taking Modular Approach to Build Their Fare Systems, Shunning Single-Supplier Model

French City Launches Open-Loop Fare Payments, Though France Catching Up with Other European Countries

Helsinki Transit Agency Issues New Tender Request for Validators for Multimodal Open-Loop Payments Service

Open-Loop Technology May be ‘Interoperable,’ but Not for Transit Agencies; Trade Group Wants to Help Remedy That

Contactless Fare Payments Double for Moscow Metro, as Agency Focuses on New Payments Services

Moscow Metro Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services

U.S. Transit Agency Aims to Go Cashless and also Launch Open Loop; Plans to Surcharge Riders to Cover Bank Card Fees

Barcelona Transport Authority Sets Date for Launch of Open-Loop Payments…Again; Can It Make It This Time?

Miami-Dade County Recommends Masabi for Back Office Deal; If Approved by Board, Debt-Strapped Cubic Would Lose Another Contract as Incumbent

Open Loop Worked ‘Flawlessly’ during World Cup, but Seattle Fare Official Says No Plans to Try to Move Regular Riders to Credit and Debit Cards

In-Depth: UK Department for Transport One of Latest Agencies to Take on Fare Evasion

Barcelona Transport Authority Sets Date for Launch of Open-Loop Payments…Again; Can It Make It This Time?

Miami-Dade County Recommends Masabi for Back Office Deal; If Approved by Board, Debt-Strapped Cubic Would Lose Another Contract as Incumbent

Open Loop Worked ‘Flawlessly’ during World Cup, but Seattle Fare Official Says No Plans to Try to Move Regular Riders to Credit and Debit Cards

Miami in Contract Negotiations with Masabi; Cubic Calls for ‘Immediate’ Suspension of Talks

Special Report: Open Loop Performs during World Cup, but Transit Agencies Report Some Other Fare Issues