Contractor for Fast-Track Open-Loop Procurement in Barcelona Gets Pressure over Key Technology Supplier

Barcelona Metro sign
The main contractor for Barcelona’s open-loop payments project has chosen a local company over Brazil-based Planeta Informática to implement a key technology for the rollout, after apparently receiving pressure to hire a local subcontractor, sources told...
Preview Article

Baltic Transit Agency Awards Five-Year, ‘Low Risk’ Contract to Vendor to Provide Open-Loop Payments Service

Klaipeda bus Lithuania
In what will be the first open-loop payments service launched in Lithuania, the transit agency serving the Baltic country’s third-largest city plans to launch the contactless EMV service by July of this year, Mobility Payments has learned. [...]

Preview Article

Singapore’s LTA Sees Strong Take-Up of Open-Loop Payments but has No Plans to End Closed Loop

Singapore MRT
Since launching open-loop payments in 2019, Singapore’s Land Transport Authority has seen adoption grow to more than 30% of adult full fare trips, and the authority has eliminated single-trip paper tickets. [...]

Preview Article

Avoiding the Interchange Squeeze

Paying by phone
Open-loop payment systems are a simple and consumer-friendly option for public transit agencies. They are increasingly deployed throughout the world because they benefit tourists and new and existing riders alike. Anyone can simply tap a card they already own...
Preview Article

TransLink in Vancouver Hopes Enabling Riders to Tap Domestic Debit Cards Will Increase Use of Its Open-Loop Service

SkyTrain
Vancouver transit authority TransLink Wednesday launched the much-anticipated expansion of its open-loop payments service to include Canada’s popular domestic debit brand, Interac–hoping to increase adoption of what has been a little-used service....
Preview Article

Think Tank: Widespread Move to Open-Loop Payments in U.S. Remains ‘Elusive;’ High Interchange Partly to Blame

Bus validator
Open-loop payments can improve the customer experience, helping transit agencies to win back customers in a post-pandemic world, while also reducing cash-handling costs and speeding up boarding times, according to a new report from the Brookings Institution,...
Preview Article
error: Content is protected !!