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Transport for London Expected to Reveal Winner of Major Revenue-Collection Contract within Weeks

by Dan BalabanPosted on June 9, 2025 (June 29, 2025)Posted in Closed LoopTagged Editor's Choice, Transport for London

Transport for London is expected to soon announce its long-awaited award of a major fare-system contract–choosing between two vendors, including incumbent Cubic Transportation Systems–Mobility Payments has learned. The contact for the so-called...

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Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

by Dan BalabanPosted on November 22, 2024 (January 26, 2025)Posted in Open LoopTagged Transport for London

Nearly nine months after open-loop payments pioneer Transport for London sent an unmistakable signal to banks and payments schemes that it was unhappy about rising transaction fees, not much appears to have changed. Back in early March, Andrew Anderson, the...

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As Use of Digital Wallets Grows with Open Loop, Transport for London and other Agencies being Hit by ‘Retokenization’ Fraud

by Dan BalabanPosted on May 23, 2024 (May 24, 2024)Posted in Open LoopTagged Fraud, Transport for London

Digital wallets are fast becoming the preferred method of payments for transit riders using open loop, with some major agencies recording well over half of their open-loop transactions coming from mobile devices, as Mobility Payments reported. But for at...

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Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

by Dan BalabanPosted on March 5, 2024 (March 19, 2024)Posted in Open LoopTagged Transport for London

Transport for London contactless payments

Complaining of rising transaction fees and higher fraud, Transport or London today suggested that actions by banks and payments schemes threatened to kill the “golden goose” of contactless fare payments for the agency. Andrew Anderson, the agency’s...

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Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions

by Dan BalabanPosted on June 22, 2023 (June 22, 2023)Posted in Open LoopTagged Transport for London

With at least 3 million contactless journeys per day accounting for more than 60% of pay-as-you-go transactions, Transport for London runs what is believed to be the largest open-loop payments services globally. [...]

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Search Results for: Transport for London

Transport for London Expected to Reveal Winner of Major Revenue-Collection Contract within Weeks

Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

As Use of Digital Wallets Grows with Open Loop, Transport for London and other Agencies being Hit by ‘Retokenization’ Fraud

Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions

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

Contactless Payments Continue to Increase for Transport for London but Concessions Seen Limiting Growth

Transport for London Launches Procurement of Major Fare-Collection Contract

Transport for London Signals Plans to Enable Concessionary Fare Discounts with Open-Loop Payments

Transport for London Sees Open-Loop Revenue Return to Pre-Pandemic Levels

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

Barcelona Transport Agency Sets Date for Launch of Open-Loop Payments–Two Years Late

New Zealand Taps CTO of Country’s Largest Transport Agency to Try to Get National Ticketing Project Back on Track

New Zealand Government Believed to be Replacing Head of National Ticketing Program Amid Concerns Over Project Delays

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Transport for London Expected to Reveal Winner of Major Revenue-Collection Contract within Weeks

In-Depth: Washington, D.C., Launches Open-Loop Payments on Subway with Overlay Technology; but Transit Agency Incurs Extra Costs

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