‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

Phone at terminal in Santa Barbara

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. […]

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Transport for London Launches Procurement of Major Fare-Collection Contract

London bus

Transport for London yesterday launched its much-anticipated call for tenders to find the next vendor to run its high-profile fare-collection system–with the so-called “Project Proteus” expected to be one of the most expensive and complex fare-system contracts now in play globally. […]

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Special Report: More Agencies Taking Modular Approach to Build Their Fare Systems, Shunning Single-Supplier Model

Metrolinx presto

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 and integrating the various parts into a complete system. […]

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