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Can Transit Agencies Save Money with Open-Loop Payments?

by Dan BalabanPosted on July 13, 2023 (July 14, 2023)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies often offer open-loop payments mainly for convenience–that is, to enable their customers to tap to pay for fares with their credit and debit cards and NFC wallets without having to buy a ticket or top-up a closed loop card. [...]

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Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

by Dan BalabanPosted on July 7, 2023 (January 2, 2024)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies rolling out open-loop payments have an important question or two to answer: Should they include concessionary discounts with their open-loop service, and, if so, how? [...]

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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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Search Results for: Transcode

Can Transit Agencies Save Money with Open-Loop Payments?

Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

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

Canada’s BC Transit Plans to Launch Open-Loop Payments, as Cubic Seeks to Keep Pace in SaaS-Ticketing Market

Seoul to Support Open-Loop Payments by Next Year on Buses, 2027 on Metro

Cubic’s Recently Installed Head of Europe Departs Abruptly; Maitland Under Pressure

Cubic Contends It was Low Bidder and should have Won London Contract; Claims Unfair Treatment, Possible Conflict of Interest as Details of Lawsuit Emerge

Tip Sheet: Cubic Believed to be Sole Vendor in Running for Sydney Deal; TfL: Revenue-Collection Procurement Not Over Yet; Madrid Seeks ABT System

Cubic’s Recently Installed Head of Europe Departs Abruptly; Maitland Under Pressure

Cubic Contends It was Low Bidder and should have Won London Contract; Claims Unfair Treatment, Possible Conflict of Interest as Details of Lawsuit Emerge

Review of New Zealand National Fare Project Predicts More ‘Significant Delays’ and Likely Cost Overruns; Government in ‘Commercial' Talks with Cubic, Others

One Year On: Denmark’s Bold Mobile-First Strategy has Reached Nearly 50% Adoption; Getting the Rest Could be More Difficult

Updated: Cubic Short-Listed for Must-Win Sydney Contract; Hitachi Rail, Others, Believed Out