Article Highlights

Key Takeaway:

Two more small transit agencies in California have launched open-loop payments pilots under a state initiative to help agencies procure the hardware and software they need to roll out open-loop fare payments.

Key Data:

Transit agencies in the state have to accommodate their unbanked and underbanked customers, which according to at least some state officials combine to make up 25%, even 30% of the state’s population. Many of these people do not have credit or debit cards.

Organizations Mentioned:

• Santa Barbara MTD
• Clean Air Express
• Caltrans
• CalSTA
• Visa
• Littlepay
• Elavon
• Kuba

California transportation officials announced two more pilots for their open-loop payments initiative, Cal-ITP, bringing to four the number of six-month “demonstration” projects they have launched with small transit agencies and vendors.

Subscription Required

CLOSE

This premium content is only available to subscribers

Article has about785words.

To keep reading, subscribe today

Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.

Subscription Options

Already a member? Log in here