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

by Dan BalabanPosted on February 2, 2023 (February 3, 2023)Posted in Open LoopTagged ATM Barcelona

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...

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

by Dan BalabanPosted on January 24, 2023 (January 25, 2023)Posted in Open LoopTagged Lithuania, Ridango

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. [...]

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

by Dan BalabanPosted on January 18, 2023 (January 18, 2023)Posted in Open LoopTagged Land Transport Authority

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. [...]

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Avoiding the Interchange Squeeze

by Kevin BurgessPosted on January 18, 2023 (May 16, 2025)Posted in Industry Insight

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...

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

by Dan BalabanPosted on January 12, 2023 (January 17, 2023)Posted in Open LoopTagged Interac, TransLink

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....

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

by Dan BalabanPosted on January 10, 2023 (January 14, 2023)Posted in Open LoopTagged Editor's Choice

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,...

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U.S. Transit Agency with Strong Closed-Loop Program Wants More Riders to Use Open Loop

by Dan BalabanPosted on December 22, 2022 (December 23, 2022)Posted in Open LoopTagged Editor's Choice, TriMet

U.S. transit agency TriMet of Portland, Ore., introduced open-loop payments at the same time it launched its contactless closed-loop Hop Fastpass card, in July 2017. But it promoted Hop much more than open loop for years, and not surprisingly, the closed-loop...

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In-Depth: Venice Open-Loop Service Projected to Launch Next Fall Following Unconventional Procurement Process

by Dan BalabanPosted on December 20, 2022 (March 13, 2023)Posted in Open LoopTagged AVM, Venice

AVM, the Italian public transit agency that runs buses, trams, water buses and shuttles in Venice, plans to launch its open-loop payments service next fall after apparent delays, the agency said Monday, following official award of a contract as part of its...

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Search Results for: visa

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

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

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

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

Avoiding the Interchange Squeeze

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

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

U.S. Transit Agency with Strong Closed-Loop Program Wants More Riders to Use Open Loop

In-Depth: Venice Open-Loop Service Projected to Launch Next Fall Following Unconventional Procurement Process

Insight: Paris Warms to Open-Loop Payments but Don’t Expect a London-Style Rollout

Electric Vehicle Market in U.S. Adjusts to Loss of Sales Incentives, Charger Subsidies

Evaluations Detail How Masabi Outscored Cubic and Kuba to Win Sacramento Contract

D.C. Transit Authority WMATA Releases Open-Payment Overlay Contract with Littlepay; Declines to Disclose Transaction Fees, including Interchange

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

D.C. Transit Authority WMATA Releases Open-Payment Overlay Contract with Littlepay; Declines to Disclose Transaction Fees, including Interchange

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