Visa Archives - Page 2 of 2 - Mobility Payments

Porto Launches Open-Loop Pilot on Metro Line and Bus Route, Targeting Tourists; Plans Call for Rollout by 2022

by Mobility Payments StaffPosted on July 27, 2021 (July 27, 2021)Posted in Open LoopTagged STCP, Transportes Intermodais do Porto, Visa

Porto aims to become one of the next cities in Europe to roll out contactless open-loop payments, launching a pilot on a Porto Metro line and a route of STCP,…

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State of California Seeks to Change Way Transit Agencies Procure Fare Systems

by Dan BalabanPosted on July 7, 2021 (September 17, 2022)Posted in Open LoopTagged Caltrans, Editor's Choice, Littlepay, Visa

Card at terminal-Monetery-Salinas Transit

As the California Department of Transportation, or Caltrans, sees it, the state’s more than 300 local transit agencies offer a fragmented and inefficient mix of fare collection systems–a fact it…

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Visa, Mastercard Forecast More Contactless Growth in U.S., Spurred in Part by New York Fare Payments Service

by Dan BalabanPosted on January 1, 2021 (June 26, 2021)Posted in Open LoopTagged MTA, OMNY, Visa

The heads of the two largest payments networks in the U.S., Visa and Mastercard, predict strong growth for contactless payments in the U.S., with Mastercard CEO Ajay Banga noting that…

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Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

by Dan BalabanPosted on January 1, 2021 (January 13, 2021)Posted in Open LoopTagged Amin Shayan, Littlepay, Mastercard, Visa

The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could…

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Contactless EMV Card Rollout in U.S. to Pick Up Speed in 2020, but Shape of Adoption Remains Unclear

by Dan BalabanPosted on January 1, 2021 (January 6, 2021)Posted in Open LoopTagged Surveys, U.S. Federal Reserve, Visa

With contactless EMV cards expected to have a significant footprint in the U.S. in 2020, the debate continues over whether the rollout will promote or harm take-up of NFC mobile…

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