Panel: Closed-Loop Payments Expected to Remain an Option for Years to Come Despite Growth of Open Loop

While the trend today is for more transit agencies to introduce open-loop fare payments, closed-loop cards, either in physical form or dematerialized on smartphones and wearables, will be with us for many years to come–though perhaps in a reduced role....

Los Angeles Transit Authority to Support Closed-Loop TAP Card in Both Apple Pay and Google Pay

The Los Angeles County Metropolitan Transportation Authority, or Metro, plans to introduce an Android version of its TAP closed-loop fare card, with a virtual TAP card for the Google Pay wallet, a Metro spokesman confirmed. [...]

Preview Article

Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from...
Preview Article

Apple Pay Expands Support for Interoperable Closed-Loop Transit Cards in China

Apple on Wednesday expanded support for closed-loop transit payments across China, incorporating China’s T-Union interoperable transit cards in its Apple Pay service. [...]

Preview Article