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Budapest Transit Agency Confirms Mastercard Will Pay for Open-Loop Pilot but Won’t Say How Much

by Dan BalabanPosted on February 8, 2023 (February 9, 2023)Posted in Open LoopTagged BKK

Mastercard is footing the bill for a large share of the cost to roll out and operate an open-loop payments pilot for Budapest transit agency BKK, but the agency won’t say how much the payments scheme is paying, Mobility Payments has learned. [...]

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In-Depth: Canadian Transit Agencies See Low Adoption of Open-Loop Payments

by Dan BalabanPosted on February 2, 2023 (February 3, 2023)Posted in Open LoopTagged Canada, Editor's Choice

Despite a high-profile launch recently of domestic debit card acceptance in Canada and more open-loop rollouts there, Canadian transit agencies say they have no plans to promote open-loop payments over their close-loop cards. [...]

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Dutch Transit Operators to Link Concessionary Discounts to Open Loop This Year, though Implementation Expected Small at First

by Dan BalabanPosted on January 3, 2023 (January 4, 2023)Posted in Open LoopTagged Netherlands

Transit riders in the Netherlands could begin receiving concessionary discounts while using their contactless debit and credit cards or NFC wallets later this year, the program director for the country’s nationwide open-loop rollout told Mobility Payments....

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New York Transit Agency One of First to Link Concessionary Discounts to Open-Loop Cards and Wallets

by Dan BalabanPosted on November 1, 2022 (November 2, 2022)Posted in Open LoopTagged MTA

In what is believed to be the first major transit agency to roll out concessionary discounts linked to open-loop payments, New York’s Metropolitan Transportation Authority said more than a million seniors and disabled persons are now able to register to...

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Can Transit Agencies Quit Closed Loop after Rolling Out Open-Loop Payments?

by Dan BalabanPosted on October 13, 2022 (May 12, 2023)Posted in Open LoopTagged Editor's Choice, Open Loop

A panel of industry experts squared off for a first-of-its-kind debate about the pros and cons of open-loop payments, tackling a range of issues–from whether transit agencies can completely eliminate their closed-loop programs in favor of open loop, to...

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Panel of Experts to Debate Costs, Other Issues Transit Agencies Face in Rolling Out Open-Loop Payments

by Dan BalabanPosted on September 29, 2022 (December 4, 2023)Posted in Open LoopTagged Editor's Choice, Open Loop

There’s little doubt that open-loop payments is the highest profile trend in the fare-collection industry. [...]

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Open Loop Has Limitations for Riders and Transit Agencies, Says French Closed-Loop Tech Supplier

by Dan BalabanPosted on July 21, 2022 (July 22, 2022)Posted in Closed LoopTagged France, IDFM, Wizway

Users of open-loop payments in France are mainly tourists and occasional riders paying for single tickets–not the transit agencies’ regular customers–the head of a company that implements closed-loop mobile NFC ticketing in France, told Mobility...

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Transit Agencies Feel Heat from Chip Shortage as They Source Closed-Loop Cards

by Dan BalabanPosted on June 22, 2022 (June 29, 2022)Posted in Closed LoopTagged Chip shortage, Metro, Metropolitan Transportation Commission

Transit agencies continue to see long lead times on their closed-loop card orders because of supply-chain issues, and the situation is unlikely to improve this year. [...]

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Fixed Interchange Fees Hit U.S. Transit Agencies Hard, While Other Merchants Can Soften Blow

by Dan BalabanPosted on May 2, 2022 (May 4, 2022)Posted in Open LoopTagged Visa

A wide range of U.S. merchants pay the same fixed debit card fees based on interchange, including supermarkets, gasoline stations, restaurants and hotels. But transit agencies accepting open-loop payments appear to be are among the hardest hit by these fees...

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British Transit Agency Adds Closed-Loop Card to Google Pay for Pay-as-You-Go Fares

by Mobility Payments StaffPosted on March 7, 2022 (March 8, 2022)Posted in Closed LoopTagged Google Pay, Nexus, Tyne and Ware Metro

Riders on the Tyne and Wear Metro in North East England are now able to tap to pay for pay-as-you-go fares with a digital version of the closed-loop Pop card in Google Pay. [...]

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Search Results for: Transport for London

Budapest Transit Agency Confirms Mastercard Will Pay for Open-Loop Pilot but Won’t Say How Much

In-Depth: Canadian Transit Agencies See Low Adoption of Open-Loop Payments

Dutch Transit Operators to Link Concessionary Discounts to Open Loop This Year, though Implementation Expected Small at First

New York Transit Agency One of First to Link Concessionary Discounts to Open-Loop Cards and Wallets

Can Transit Agencies Quit Closed Loop after Rolling Out Open-Loop Payments?

Panel of Experts to Debate Costs, Other Issues Transit Agencies Face in Rolling Out Open-Loop Payments

Open Loop Has Limitations for Riders and Transit Agencies, Says French Closed-Loop Tech Supplier

Transit Agencies Feel Heat from Chip Shortage as They Source Closed-Loop Cards

Fixed Interchange Fees Hit U.S. Transit Agencies Hard, While Other Merchants Can Soften Blow

British Transit Agency Adds Closed-Loop Card to Google Pay for Pay-as-You-Go Fares

Changeover Underway to New Vendor for Switzerland’s Fast-Growing Mobile-Ticketing Service

Miami Transit Agency Prepares to Release Tender Request for Back Office for Its Fare-System Overhaul

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency

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

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency

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

Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.