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‘Standstill’ Period Could End as Soon as Tomorrow; Will Transport for London Sign Revenue-Collection Contract Soon?

by Dan BalabanPosted on July 24, 2025 (July 30, 2025)Posted in Closed LoopTagged Transport for London

Transport for London is citing UK procurement law in response to questions from Mobility Payments about when it will announce the winner of its revenue-collection contract, which a TfL board committee awarded 10 days ago. At issue appears to be the...

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Transport for London Committee Approves New Revenue-Collection Contract, but Agency Stays Mum on Winner; Speculation Grows

by Dan BalabanPosted on July 16, 2025 (July 23, 2025)Posted in Closed LoopTagged Editor's Choice, Transport for London

Transport for London’s finance committee approved the agency’s new revenue-collection contract earlier this week, but the agency declines to say who won, promising only that the winning vendor will be announced “in due course.” As Mobility Payments...

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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 (July 25, 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

‘Standstill’ Period Could End as Soon as Tomorrow; Will Transport for London Sign Revenue-Collection Contract Soon?

Transport for London Committee Approves New Revenue-Collection Contract, but Agency Stays Mum on Winner; Speculation Grows

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

‘Standstill’ Period Could End as Soon as Tomorrow; Will Transport for London Sign Revenue-Collection Contract Soon?

Tip Sheet: Speculation Aside on Contract Winner, Losing London would be ‘Big Blow’ to Cubic

Transport for London Committee Approves New Revenue-Collection Contract, but Agency Stays Mum on Winner; Speculation Grows

London Contract Award Decision Imminent; Cubic Faces Challenge from Spain’s Indra

Masabi wasn't Low Bidder for Montreal Fare-System Contract; Vendor was Likely Helped by Special Pricing Clause in RFP

Tip Sheet: Speculation Aside on Contract Winner, Losing London would be ‘Big Blow’ to Cubic

Transport for London Committee Approves New Revenue-Collection Contract, but Agency Stays Mum on Winner; Speculation Grows

London Contract Award Decision Imminent; Cubic Faces Challenge from Spain’s Indra

Masabi wasn't Low Bidder for Montreal Fare-System Contract; Vendor was Likely Helped by Special Pricing Clause in RFP

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