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Insight: Open-Loop Payments Exceed Expectations for Brussels Transit Operator

by Dan BalabanPosted on May 5, 2022 (May 5, 2022)Posted in Open LoopTagged STIB

The major transit operator serving Brussels, STIB-MIVB, said riders have used contactless payments for nearly 5 million trips on its metro, buses and trams since launching the open-loop payments service in mid-2020. [...]

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Fixed Interchange Fees Hit U.S. Transit Agencies Hard, While Other Merchants Can Soften Blow

by Dan BalabanPosted on May 2, 2022 (May 4, 2022)Posted in Open LoopTagged Visa

A wide range of U.S. merchants pay the same fixed debit card fees based on interchange, including supermarkets, gasoline stations, restaurants and hotels. But transit agencies accepting open-loop payments appear to be are among the hardest hit by these fees...

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Rollouts of ‘VSAM’ Technology Finally Start to Pick Up Speed

by Dan BalabanPosted on April 26, 2022 (July 7, 2022)Posted in Open LoopTagged Planeta Informática, TransLink

More than three years after it was introduced, a technology designed to make it easier and less costly for transit agencies to accept open-loop payments on their proprietary closed-loop terminals is still only live with a handful of agencies, all in Latin...

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Canadian Transit Agencies Move to Enable Domestic Debit but Open Loop Expected to Continue to Take Back Seat

by Dan BalabanPosted on April 21, 2022 (January 12, 2023)Posted in Open LoopTagged STL, TransLink

Montréal-area transit operator STL this month officially launched its open-loop payments service–one of the few in Canada and the largest project outside of Vancouver. [...]

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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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Search Results for: visa

Insight: Open-Loop Payments Exceed Expectations for Brussels Transit Operator

Fixed Interchange Fees Hit U.S. Transit Agencies Hard, While Other Merchants Can Soften Blow

Rollouts of ‘VSAM’ Technology Finally Start to Pick Up Speed

Canadian Transit Agencies Move to Enable Domestic Debit but Open Loop Expected to Continue to Take Back Seat

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

San Francisco Bay Area Transit Operators Urge MTC to ‘Pursue all Contractual Remedies’ to Recover Lost Revenue, Costs for Clipper Problems

In-Depth: Who is Behind Little-Known Company Serving as Key Subcontractor for Winning Vendor of Sydney Contract?

Ex-Cubic President Torrellas Lands at Supply Chain Risk Management Company after Unsuccessful Three-Year Run at CTS

Cubic Could Face Penalties for Problem-Plagued Next-Generation Clipper Rollout in San Francisco

Paris Announces Plans to Enable Open-Loop Payments on Métro; Targets Tourists and Other Occasional Riders

In-Depth: Who is Behind Little-Known Company Serving as Key Subcontractor for Winning Vendor of Sydney Contract?

Cubic Could Face Penalties for Problem-Plagued Next-Generation Clipper Rollout in San Francisco

In-Depth: LA Metro Launches Open Loop in Time for World Cup; Last Top 10 U.S. Transit Agency to Support Technology

Montgomery-Torrellas Resigns as Cubic Transportation Systems President; Cubic Corp. CEO to Take Over as Interim Chief

Ex-Cubic Executives Worked on Winning Bid for INIT in Sydney, Helping Smaller Cubic Rival Score Major Upset