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

SacRT trains visa

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 fees for agencies to accept debit and credit cards. […]

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Visa Quietly Lowers Interchange for Transit Agencies in California but Scope of Reductions Limited So Far

Card at terminal, Monterey-Salinas Transit

Visa has quietly introduced a new interchange category for transit agencies in California, Mobility Payments has learned. If rolled out nationally and across more card types, the changes could substantially reduce the high fees that agencies pay to accept credit and debit cards for fares. […]

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California Open-Loop Program Chief: Transit Agencies Should Stop Thinking They Need to Create a ‘Separate Currency’

Gillian Gillett, manager for the California Integrated Mobility program in the state Department of Transportation, once observed that 97% of Californians never even think about using public transit. “I mean, if we were a business, we would be out of business,” she sighed. […]

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

LADOT Commuter Express bus

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, Mobility Payments has learned. […]

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Multiple Vendors were Disqualified in Bidding to Supply Open-Loop Technology for California’s ‘Mobility Marketplace’

Buses in downtown LA

A number of well-known industry vendors that bid on two much-anticipated contracts from the state of California to the supply open-loop payments technology to transit agencies statewide were disqualified last month, mostly for failing to meet strict administrative requirements, documents reveal. […]

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Groundbreaking System to Check Eligibility for Fare Discounts Doesn’t Support NFC Wallets; Agency Head Promises Fix

Visa card being tapped on MST terminal.

California bus agency Monterey-Salinas Transit recently launched what is believed to be the first system of its kind globally that enables customers to verify their eligibility for fare discounts online, then instantly link that eligibility to a standard contactless open-loop credit or debit card. […]

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In a First, California Launches Trial Enabling Customers to Pay with Contactless Bank Cards and Receive Senior Discounts–All in One Tap

Card tapped at terminal-California

California officials have launched a new phase in one of their trials of open-loop payments in the state–testing a solution to the problem of how to grant discounts to seniors or other customer segments with the same contactless EMV payments cards the customers tap to pay for fares. […]

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