You searched for Transport for London

Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

by Dan BalabanPosted on November 22, 2024 (November 23, 2024)Posted in Open LoopTagged Transport for London

Nearly nine months after open-loop payments pioneer Transport for London sent an unmistakable signal to banks and payments schemes that it was unhappy about rising transaction fees, not much appears to have changed. Back in early March, Andrew Anderson, the...

Preview Article

As Use of Digital Wallets Grows with Open Loop, Transport for London and other Agencies being Hit by ‘Retokenization’ Fraud

by Dan BalabanPosted on May 23, 2024 (May 24, 2024)Posted in Open LoopTagged Fraud, Transport for London

Digital wallets are fast becoming the preferred method of payments for transit riders using open loop, with some major agencies recording well over half of their open-loop transactions coming from mobile devices, as Mobility Payments reported. But for at...

Preview Article

Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

by Dan BalabanPosted on March 5, 2024 (March 19, 2024)Posted in Open LoopTagged Transport for London

Transport for London contactless payments

Complaining of rising transaction fees and higher fraud, Transport or London today suggested that actions by banks and payments schemes threatened to kill the “golden goose” of contactless fare payments for the agency. Andrew Anderson, the agency’s...

Preview Article

Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions

by Dan BalabanPosted on June 22, 2023 (June 22, 2023)Posted in Open LoopTagged Transport for London

With at least 3 million contactless journeys per day accounting for more than 60% of pay-as-you-go transactions, Transport for London runs what is believed to be the largest open-loop payments services globally. [...]

Preview Article

Search Results for: Transport for London

Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

As Use of Digital Wallets Grows with Open Loop, Transport for London and other Agencies being Hit by ‘Retokenization’ Fraud

Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions

Special Report: How Much Has Open-Loop Payments Reduced Transport for London’s Cost of Fare Collection?

Contactless Payments Continue to Increase for Transport for London but Concessions Seen Limiting Growth

Transport for London Launches Procurement of Major Fare-Collection Contract

Transport for London Signals Plans to Enable Concessionary Fare Discounts with Open-Loop Payments

Transport for London Sees Open-Loop Revenue Return to Pre-Pandemic Levels

In-Depth: Contactless Transactions Soar, but Transport for London Affirms that Oyster Will Remain Payments Option

Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

Auckland Launches Open-Loop Service as Planned, as It Awaits Implementation of National Rollout in New Zealand

Report: Conduent and State Transport Officials in Melbourne at ‘Loggerheads’ Over Contract, but State Denies Problems

Washington, D.C., Transit Agency Chooses Littlepay over Incumbent Cubic for Open-Loop Upgrade

Tip Sheet: Will Conduent Put Its Transit Fare-Collection Business on Sale Again?

Washington, D.C., Transit Agency Chooses Littlepay over Incumbent Cubic for Open-Loop Upgrade

U.S. Agency Releases First Details about Reasons for ‘Emergency Procurement’ to Replace Fare System; is It Enough?

Australia: Cubic Notches Contract in Tasmania by ‘Leveraging’ Its Larger Queensland Project in ‘Platform-as-a-Service’ Play

Tip Sheet: Washington, D.C., Short Lists Vendors for Open-Loop Payments Project

U.S. Agency CapMetro Calls ‘Emergency Procurement’ that Hired Cubic to Replace Incumbent Vendor Bytemark a ‘Pressing Urgency’