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Lisbon Metro’s Open-Loop Project Gets Help from Visa, with Contribution from Payments Scheme

by Dan BalabanPosted on August 1, 2023 (October 30, 2024)Posted in Open LoopTagged Visa

Lisbon is latest European capital to launch open-loop payments, with the Lisbon Metro introducing the service recently. [...]

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Text of Letter to Top Official in Melbourne Details Cubic Attack on Conduent’s Credentials

by Dan BalabanPosted on July 10, 2023 (July 11, 2023)Posted in Closed LoopTagged Melbourne

Top Cubic executives accused government procurement officials in Melbourne of failing to independently verify rival Conduent's credentials, contending that this was a key reason Cubic lost a 15-year, AU$1.7 billion (US$1.1 billion) fare-system contract to its...

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‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

by Dan BalabanPosted on June 29, 2023 (July 6, 2023)Posted in Open LoopTagged Editor's Choice, Interchange, OVpay, Transport for London

Shashi Verma, chief technology officer for Transport for London and the driving force behind the agency’s landmark open-loop payments service, called for greater regulation of interchange rates outside of the UK and European Union to reduce fees agencies...

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Is Sweden’s No. 2 City Rolling Out Open-Loop Payments Twice?

by Dan BalabanPosted on May 30, 2023 (June 4, 2023)Posted in Open LoopTagged Sweden

Earlier this month, Gothenburg transit authority Västtrafik launched open-loop payments, the fourth city in Sweden to do so, according to Vix Technology, the vendor that implemented the service on 4,500 upgraded validators on buses, trams and ferries in the...

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Special Report: How Much Has Open-Loop Payments Reduced Transport for London’s Cost of Fare Collection?

by Dan BalabanPosted on May 11, 2023 (December 27, 2024)Posted in Open LoopTagged Editor's Choice, Transport for London

Backers of open-loop payments routinely promise that transit agencies can save substantially on their fare-collection costs by rolling out open-loop payments. But the amount agencies can cut from their ticketing budgets has proved difficult to pin down....

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Michigan Transit Agency Launches Open-Loop Payments

by Dan BalabanPosted on April 28, 2023 (June 13, 2023)Posted in Open LoopTagged Michigan

The transit agency serving the city of Grand Rapids, Mich., became the latest in a small but growing list of agencies to launch open-loop payments in the U.S. [...]

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Philadelphia Transit Agency Seeks to Overhaul ‘Troubled’ Fare System

by Dan BalabanPosted on April 20, 2023 (August 11, 2023)Posted in Closed Loop, Open LoopTagged SEPTA

For years, Philadelphia transit authority SEPTA was supposed to be the next big agency in North America to support open-loop payments. Now it appears that a launch of open loop might not happen until at least 2026, as part of an overhaul of a fare system that...

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Special Report: Despite Industry Push, Few Transit Agencies Rolling Out ‘Closed-Loop EMV’ So Far

by Dan BalabanPosted on March 30, 2023 (December 27, 2024)Posted in Closed Loop, Open LoopTagged Editor's Choice, Mifare, OMNY, OVpay, Stockholm

Transit agency Storstockholms Lokaltrafik, or SL, in Stockholm launched what is believed to be the industry’s first rollout of white-label EMV cards for its closed-loop customers in September 2021. To date it has issued around 1.5 million cards, which...

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Taiwan’s EasyCard Chief: Open Loop Will Have Only ‘Marginal Impact’ on Island Nation

by Dan BalabanPosted on March 30, 2023 (April 2, 2023)Posted in Open LoopTagged EasyCard, Taiwan

The head of Taiwan’s largest transit and retail stored-value card contends that open-loop payments will not make a significant impact on the island nation, given Taiwan’s strong closed-loop card programs and the expense of rolling out acceptance for...

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Toronto’s Largest Transit Operator, TTC, to Launch Open-Loop Payments in Mid-2023

by Dan BalabanPosted on March 23, 2023 (August 15, 2023)Posted in Open LoopTagged Toronto

Riders of the largest public transit operator in Canada’s biggest city, the Toronto Transit Commission, or TTC, will finally get an open-loop payments option by mid-2023. That will include the Toronto subway, a spokeswoman for transit agency Metrolinx...

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Search Results for: Mastercard

Lisbon Metro’s Open-Loop Project Gets Help from Visa, with Contribution from Payments Scheme

Text of Letter to Top Official in Melbourne Details Cubic Attack on Conduent’s Credentials

‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

Is Sweden’s No. 2 City Rolling Out Open-Loop Payments Twice?

Special Report: How Much Has Open-Loop Payments Reduced Transport for London’s Cost of Fare Collection?

Michigan Transit Agency Launches Open-Loop Payments

Philadelphia Transit Agency Seeks to Overhaul ‘Troubled’ Fare System

Special Report: Despite Industry Push, Few Transit Agencies Rolling Out ‘Closed-Loop EMV’ So Far

Taiwan’s EasyCard Chief: Open Loop Will Have Only ‘Marginal Impact’ on Island Nation

Toronto’s Largest Transit Operator, TTC, to Launch Open-Loop Payments in Mid-2023

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