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New York’s MTA Celebrates Billionth OMNY Transaction as It Seeks to Put Project Back on Track

by Dan BalabanPosted on August 1, 2023 (October 4, 2024)Posted in Open LoopTagged MTA

New York’s Metropolitan Transportation Authority last week marked the billionth OMNY transaction, with MTA chairman and CEO Janno Lieber speaking at a press conference at the subway station where the landmark tap occurred. He touted the OMNY contactless...

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Can Transit Agencies Save Money with Open-Loop Payments?

by Dan BalabanPosted on July 13, 2023 (July 14, 2023)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies often offer open-loop payments mainly for convenience–that is, to enable their customers to tap to pay for fares with their credit and debit cards and NFC wallets without having to buy a ticket or top-up a closed loop card. [...]

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Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

by Dan BalabanPosted on July 7, 2023 (January 2, 2024)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies rolling out open-loop payments have an important question or two to answer: Should they include concessionary discounts with their open-loop service, and, if so, how? [...]

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Supporting Concessionary Discounts with Open Loop ‘Remains a Challenge’

by Dan BalabanPosted on June 22, 2023 (July 6, 2023)Posted in Open LoopTagged Concessionary discounts, Land Transport Authority, Transport for London

While more and more transit agencies globally are enabling their customers to tap credit and debit cards and NFC wallets to pay fares, there are obstacles limiting growth. [...]

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Open-Loop-Leaning Panel Sees Role for Closed-Loop Payments in Transit

by Dan BalabanPosted on May 12, 2023 (May 12, 2023)Posted in Closed LoopTagged Closed-loop, Visa

Despite the growth of open-loop payments, closed loop will continue to play a necessary role for transit agencies, especially to accommodate the unbanked and underbanked and customers that don’t want to use their credit or debit cards to pay fares,...

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Special Report: Despite Industry Push, Few Transit Agencies Rolling Out ‘Closed-Loop EMV’ So Far

by Dan BalabanPosted on March 30, 2023 (December 27, 2024)Posted in Closed Loop, Open LoopTagged Editor's Choice, Mifare, OMNY, OVpay, Stockholm

Transit agency Storstockholms Lokaltrafik, or SL, in Stockholm launched what is believed to be the industry’s first rollout of white-label EMV cards for its closed-loop customers in September 2021. To date it has issued around 1.5 million cards, which...

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Denmark on Track to Launch Nationwide Mobile Ticketing; Would It Fly in Other Countries?

by Dan BalabanPosted on March 16, 2023 (March 20, 2023)Posted in Mobile TicketingTagged Denmark

Transit officials in Denmark plan to launch the first version of their national mobile-ticketing app this spring for single rides, before introducing a full pay-as-you-go version next year. [...]

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Special Report: Visa’s Marketing Message on Open-Loop Projects–Does It Add Up?

by Dan BalabanPosted on March 6, 2023 (December 27, 2024)Posted in Open LoopTagged Editor's Choice, Visa

Open-loop payments is perhaps the hottest fare-payments technology around today. But getting reliable estimates on just how large the open-loop footprint is has proved to be difficult. [...]

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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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Search Results for: Transport for London

New York’s MTA Celebrates Billionth OMNY Transaction as It Seeks to Put Project Back on Track

Can Transit Agencies Save Money with Open-Loop Payments?

Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

Supporting Concessionary Discounts with Open Loop ‘Remains a Challenge’

Open-Loop-Leaning Panel Sees Role for Closed-Loop Payments in Transit

Special Report: Despite Industry Push, Few Transit Agencies Rolling Out ‘Closed-Loop EMV’ So Far

Denmark on Track to Launch Nationwide Mobile Ticketing; Would It Fly in Other Countries?

Special Report: Visa’s Marketing Message on Open-Loop Projects–Does It Add Up?

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

Tip Sheet: Layoffs at Cubic–Vendor Says It Amounts to Only 2% of Workforce but Won’t Release Figures; Insiders Say Cuts Taking Toll on Engineers, Others

In Harsh Response to Cubic’s Lawsuit, Transport for London Contends It Could have Rejected Vendor on Several Grounds

Tip Sheet: Layoffs Expected at Cubic; Fare Vendor Discloses ‘New Operating Model,’ Though Releases Few Details

Vancouver Transit Authority Issues RFP for Major Fare-System Upgrade; Believed to Have Rejected Sole-Source Proposal

Maitland Out at Cubic; CTS President Montgomery-Torrellas to Take Over ‘Growth’ Position Himself

Tip Sheet: Layoffs at Cubic–Vendor Says It Amounts to Only 2% of Workforce but Won’t Release Figures; Insiders Say Cuts Taking Toll on Engineers, Others

In Harsh Response to Cubic’s Lawsuit, Transport for London Contends It Could have Rejected Vendor on Several Grounds

Maitland Out at Cubic; CTS President Montgomery-Torrellas to Take Over ‘Growth’ Position Himself

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