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Pros & Cons of Open Loop: Transit Agencies Face Choice

by Dan BalabanPosted on July 5, 2021 (July 4, 2021)Posted in Open LoopTagged Editor's Choice

While the Covid-19 pandemic has slashed transit agency budgets and delayed rollouts, it has accelerated the trend for the agencies to enable their customers to pay fares with contactless EMV credit and debit cards and other electronic payments. [...]

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Visa, Mastercard Forecast More Contactless Growth in U.S., Spurred in Part by New York Fare Payments Service

by Dan BalabanPosted on January 1, 2021 (June 26, 2021)Posted in Open LoopTagged MTA, OMNY, Visa

The heads of the two largest payments networks in the U.S., Visa and Mastercard, predict strong growth for contactless payments in the U.S., with Mastercard CEO Ajay Banga noting that 70% of U.S. Mastercard-branded cards in the U.S. are coming up for reissue...

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Helsinki to Roll Out Multimodal Contactless EMV Fare Payments, with Plans for Daily and Weekly Fare Capping

by Dan BalabanPosted on January 1, 2021 (April 4, 2021)Posted in Open LoopTagged Helsinki Regional Transport Authority, Littlepay

The Helsinki Regional Transport Authority plans to accept contactless EMV payments on its multimodal system, including its buses, metro, trams and ferries. The rollout, expected to be completed in 2023, will also support daily and weekly fare capping. ...

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Brussels Latest European Capital to Launch Open-Loop Fare Payments

by Dan BalabanPosted on January 1, 2021 (October 30, 2024)Posted in Open LoopTagged Brussels, Pierre-André Rulmont, STIB

Major Brussels transit operator STIB-MIVB plans to begin accepting contactless EMV credit and debit cards and NFC wallets on Wednesday, the latest European capital to launch open-loop payments following the success of the technology as demonstrated in London....

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Boston Transit Agency Seeks to Put Massive Fare-Collection Project Back on Track

by Dan BalabanPosted on January 1, 2021 (October 30, 2024)Posted in Mobile Ticketing, Open LoopTagged Cubic Transportation Systems, MBTA

The massive new fare-collection system planned by Boston’s Massachusetts Bay Transportation Authority, or MBTA, which will include open-loop contactless payments and an expanded closed-loop program, has had trouble getting off the ground. Late last week,...

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Software-as-Service Platforms for Transit Agencies Begin to Support Open-Loop Payments

by Dan BalabanPosted on January 1, 2021 (October 4, 2021)Posted in Mobile Ticketing, Open LoopTagged Cubic, Delerrok, Masabi

In what is believed to be a first, a transit agency in Europe plans to accept contactless credit and debit cards using a third-party software-as-a-service platform this summer, according to UK-based platform provider Masabi, although the company declined to...

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Cubic Strikes Deal with Google to Enable Closed-Loop Transit Payments in Google Pay

by Dan BalabanPosted on January 1, 2021 (June 28, 2021)Posted in Closed LoopTagged Cubic, Google, MTC

In a move that could enable more large transit agencies to offer NFC mobile payments with their closed-loop transit cards, U.S.-based Cubic Transportation Systems has signed an agreement with Google to integrate contactless transit cards with Google Pay....

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As Covid-19 Causes Transit Ridership to Plummet, Mobile-Ticketing Vendors Hope to Help Bring Riders Back

by Dan BalabanPosted on January 1, 2021 (February 26, 2021)Posted in Mobile TicketingTagged Cubic, Masabi, Token Transit

(This premium article was originally published in May 2020. © Mobility Payments and Forthwrite Media.) As the Covid-19 crisis sows fear among mass transit customers and causes ridership on buses, [...]

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Use of Contactless EMV to Pay Transit Fares Accelerating, According to Two Agencies

by Dan BalabanPosted on January 1, 2021 (August 13, 2021)Posted in Open LoopTagged MTA, OMNY

Two transit agencies, one large and one small, that began accepting contactless bank cards and NFC wallets to pay fares in recent months are reporting that use of the new payments services is accelerating among their customers. [...]

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UK Tram Riders Take to Tapping with NFC phones to Pay for Fares, According to Early Results

by Dan BalabanPosted on January 1, 2021 (January 6, 2021)Posted in Open LoopTagged Transport for Greater Manchester

Transport for Greater Manchester, which last month launched open-loop payments on its large Metrolink tram network, said Thursday that contactless credit and debit cards and NFC wallets accounted for a combined 170,000 rides during the first four weeks of the...

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Search Results for: Transport for London

Pros & Cons of Open Loop: Transit Agencies Face Choice

Visa, Mastercard Forecast More Contactless Growth in U.S., Spurred in Part by New York Fare Payments Service

Helsinki to Roll Out Multimodal Contactless EMV Fare Payments, with Plans for Daily and Weekly Fare Capping

Brussels Latest European Capital to Launch Open-Loop Fare Payments

Boston Transit Agency Seeks to Put Massive Fare-Collection Project Back on Track

Software-as-Service Platforms for Transit Agencies Begin to Support Open-Loop Payments

Cubic Strikes Deal with Google to Enable Closed-Loop Transit Payments in Google Pay

As Covid-19 Causes Transit Ridership to Plummet, Mobile-Ticketing Vendors Hope to Help Bring Riders Back

Use of Contactless EMV to Pay Transit Fares Accelerating, According to Two Agencies

UK Tram Riders Take to Tapping with NFC phones to Pay for Fares, According to Early Results

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