Article Highlights

Key Takeaway:

Believed to be the first major transit agency to roll out concessionary discounts linked to open-loop payments, New York’s MTA said more than a million seniors and disabled persons are now able to register to get half-priced fares when they tap credit or debit cards or NFC devices to pay for rides. Enabling users to receive concessionary discounts linked with open-loop payments is one of the biggest challenges facing transit agencies that want to roll out open loop.

Key Data:

MTA said late last week that more than 1,300 Reduced-Fare customers switched from MetroCard to OMNY over four days. Counting earlier soft launch participants, MTA said a total of 2,800 total Reduced Fare customers are using OMNY.

Organizations Mentioned:

• MTA (New York)
TfL (London)
Cubic

In what is believed to be the first major transit agency to roll out concessionary discounts linked to open-loop payments, New York’s Metropolitan Transportation Authority said more than a million seniors and disabled persons are now able to register to receive half-priced fares when they tap contactless credit or debit cards or NFC devices to pay for rides.

Subscription Required

This premium content is only available to subscribers

Article has about843words.

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.

Already a member? Log in here