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

Phone at terminal in Santa Barbara
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...

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

Latest Intelligence on Sydney, London and Madrid procurements. Have a tip for the Tip Sheet? Write to contact@mobility-payments.com It’s looking more and more likely that Cubic Transportation Systems is the sole supplier still in the running for Transport...

In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

The Sacramento Regional Transit District in California, which launched open-loop payments earlier this month, is enabling concessionary discounts with credit and debit cards for three categories of riders–and at least for now, cuts by the Trump...
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