Article Highlights

Key Takeaway:

Victoria state officials say they plan to launch open-loop payments next year in their much-scrutinized AU$1.7 billion (US$1 billion) project. The launch plans, however, are light on specifics.

Key Data:

Public transport minister Gabrielle Williams’ reported announcement said that “more than 20,000” new validators would be rolled out “over the coming months.”

Organizations Mentioned:

• Conduent
• DTP (Victoria)
• Metro (Melbourne)

he Victoria state government in Australia has announced plans to launch open-loop payments by early next year, though has released few specifics, which has raised some skepticism among observers.

Gabrielle Williams, Victoria state minister for public and active transport, reportedly said Friday that thousands of new card readers (and validators) will be installed on train networks in “coming months” that would enable riders to accept credit and debit cards and open-loop credentials in digital wallets.

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