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Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

by Dan BalabanPosted on April 14, 2022 (August 30, 2024)Posted in Open LoopTagged Cal-ITP, Editor's Choice, Sacramento Regional Transit

A top revenue manager for Sacramento Regional Transit, the agency serving California’s capital city, said he believes there won’t be widespread rollouts of open-loop payments in California or throughout the U.S. until payments networks and banks reduce...

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

by Dan BalabanPosted on April 14, 2022 (December 16, 2022)Posted in Open Loop

Contactless open-loop payments revenue has already returned to pre-pandemic levels in London, despite ridership on the London Underground still around one-third lower than in 2019 and bus ridership down by around 20%. [...]

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Exclusive: French Cities Make Move to Open-Loop Payments, Though Paris Holds Back

by Dan BalabanPosted on March 31, 2022 (June 27, 2022)Posted in Open LoopTagged Editor's Choice, France

France had fallen behind such open-loop payments hotspots in Europe as the UK and Italy. But it has been catching up over the past couple of years, starting with small to medium-sized cities. [...]

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Stockholm Transit Agency Sees Strong Growth in Open-Loop Payments During First Year of Service

by Dan BalabanPosted on March 3, 2022 (March 4, 2022)Posted in Open LoopTagged SL, Sweden

Nearly a year after Storstockholms Lokaltrafik, or SL, in Stockholm launched open-loop payments for its multimodal transport network, the agency was seeing around 15% of its total fare revenue coming from contactless EMV payments, according to figures...

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Exclusive: Los Angeles City Transit Agency Plans Open-Loop Payments Pilot; To Target Underbanked and Unbanked

by Dan BalabanPosted on February 23, 2022 (July 18, 2022)Posted in Open LoopTagged Cal-ITP, LADOT

The Los Angeles Department of Transportation, or LADOT, the city-owned transit agency that runs fixed-route and commuter bus service in and around the city, plans to launch a trial of open-loop payments as part of the California Integrated Travel Project,...

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Special Report: More Agencies Taking Modular Approach to Build Their Fare Systems, Shunning Single-Supplier Model

by Dan BalabanPosted on February 16, 2022 (December 27, 2024)Posted in Open LoopTagged Editor's Choice, HSL, Metrolinx, Transport for London

Transit agencies planning to roll out new electronic fare-collection systems have typically hired automated fare-collection vendors to handle the entire projects, from supplying the validators and payments processing to building or procuring the back office...

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French City Launches Open-Loop Fare Payments, Though France Catching Up with Other European Countries

by Mobility Payments StaffPosted on February 3, 2022 (March 21, 2022)Posted in Open LoopTagged Besançon, Kuba, Littlepay

The city of Besançon in Eastern France has launched contactless open-loop fare payments supporting Visa- and Mastercard-branded credit and debit cards, as well as cards supporting France’s Cartes Bancaires domestic debit scheme. [...]

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Helsinki Transit Agency Issues New Tender Request for Validators for Multimodal Open-Loop Payments Service

by Mobility Payments StaffPosted on January 26, 2022 (July 22, 2022)Posted in Open LoopTagged HSL, Littlepay

The Helsinki regional transport agency, or HSL late last week released a tender request through procurement channels seeking bids for at least 4,500 validators for its planned multimodal contactless open-loop payments rollout. [...]

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Moscow Joint Venture Launches Test of Mobile POS, as It Seeks to Further Expand Reach of Closed-Loop Troika

by Dan BalabanPosted on January 12, 2022 (January 13, 2022)Posted in Closed LoopTagged Moscow Metro

A joint venture of the Moscow city government and state-owned Sberbank, Russia’s largest bank, has launched a test of a mobile-POS app for bus drivers to use to accept fare payments from the closed-loop Troika card along with contactless bank cards and NFC...

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Open-Loop Technology May be ‘Interoperable,’ but Not for Transit Agencies; Trade Group Wants to Help Remedy That

by Dan BalabanPosted on January 5, 2022 (January 6, 2022)Posted in Open LoopTagged Transport for London, UITP, Visa

One of the main selling points for open-loop payments is that it offers a form of interoperability that enables riders to use the same credit or debit card to pay their fares whether they ride in London, New York or Singapore. [...]

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Search Results for: visa

Transit Agency: High Bank Card Fees Would Limit Open-Loop Rollouts in U.S.

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

Exclusive: French Cities Make Move to Open-Loop Payments, Though Paris Holds Back

Stockholm Transit Agency Sees Strong Growth in Open-Loop Payments During First Year of Service

Exclusive: Los Angeles City Transit Agency Plans Open-Loop Payments Pilot; To Target Underbanked and Unbanked

Special Report: More Agencies Taking Modular Approach to Build Their Fare Systems, Shunning Single-Supplier Model

French City Launches Open-Loop Fare Payments, Though France Catching Up with Other European Countries

Helsinki Transit Agency Issues New Tender Request for Validators for Multimodal Open-Loop Payments Service

Moscow Joint Venture Launches Test of Mobile POS, as It Seeks to Further Expand Reach of Closed-Loop Troika

Open-Loop Technology May be ‘Interoperable,’ but Not for Transit Agencies; Trade Group Wants to Help Remedy That

Miami to Reconvene Selection Committee after Vendors Challenge Cubic’s No. 1 Ranking for Back-Office Deal; Cubic Threatens Protest

Analysis: Cubic Takes Big Hit to Reputation in Losing Transport for London Contract, as Debt Woes Mount

Backers of Dutch OVpay Project Again Push Back Date to Retire 20-Year-Old Mifare Card; but White-Label Replacement is Coming

Special Report: New York Mayor Mamdani Champions Zero-Fare Buses for NYC as Kansas City Prepares to Walk it Back

Updated with Judgment: UK Court Allows Transport for London to Enter into Revenue-Collection Contract with Indra

Miami to Reconvene Selection Committee after Vendors Challenge Cubic’s No. 1 Ranking for Back-Office Deal; Cubic Threatens Protest

Analysis: Cubic Takes Big Hit to Reputation in Losing Transport for London Contract, as Debt Woes Mount

Special Report: New York Mayor Mamdani Champions Zero-Fare Buses for NYC as Kansas City Prepares to Walk it Back

Updated with Judgment: UK Court Allows Transport for London to Enter into Revenue-Collection Contract with Indra

Exclusive: Masabi, Moovel and Indra Object to Cubic’s No. 1 Ranking for Miami's Back-Office Contract