Shashi Verma, chief technology officer for Transport for London and the driving force behind the agency’s landmark open-loop payments service, called for greater regulation of interchange rates outside of the UK and European Union to reduce fees agencies pay. […]
Transit agency Storstockholms Lokaltrafik, or SL, in Stockholm launched what is believed to be the industry’s first rollout of white-label EMV cards for its closed-loop customers in September 2021. To date it has issued around 1.5 million cards, which customers use frequently. […]
Nederlandse Spoorwegen, or NS, the Dutch national railway and by far the largest transit operator in the country, yesterday announced it will launch open-loop payments next Tuesday. While open loop will only apply to single ticket sales–a reported 10% of NS’s total trips–the launch is a major milestone for the Netherlands’ nationwide EMV payments project. […]
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