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MTA Official Asks Payments Networks for Lower Fees to Accept Open Loop with New Transit Interchange Rate

by Dan BalabanPosted on June 17, 2024 (August 7, 2024)Posted in Open LoopTagged MTA

New York Metropolitan Transportation Authority fare official Amy Linden today called on U.S. payments networks to set a uniform transit interchange rate that reduces high fixed fees most agencies must pay to accept open-loop payments. “(It’s) something...

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Denmark Issues Tender Request for Card Validators for Customers Who Will Not Use Nationwide Mobile-Ticketing App

by Dan BalabanPosted on May 31, 2024 (September 5, 2024)Posted in Mobile TicketingTagged Denmark, RKRP

Danish transport officials this week issued a tender request for vendors to supply validators to accept prepaid closed-loop cards and open-loop payments from customers who cannot or will not use the country’s nationwide mobile-ticketing apps. The tender...

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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...

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California Open-Loop Procurement Program Notches Second Out-of-State Project, but Overall Take-Up Remains Low

by Dan BalabanPosted on May 23, 2024 (May 24, 2024)Posted in Open LoopTagged Cal-ITP

After more than two years, the California Integrated Travel Project, or Cal-ITP, is still seeing low orders from transit agencies and minimal open-loop transactions, but the program did notch its second project outside of California, Mobility Payments has...

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Las Vegas Agency Wagers Open Loop will Pay Off, Despite High Interchange and Other Transaction Fees

by Dan BalabanPosted on May 9, 2024 (June 6, 2024)Posted in Open LoopTagged Editor's Choice, Masabi, RTC

The Regional Transportation Commission of Southern Nevada collects cash for well over half the rides it delivers on its 400 buses that ply the Las Vegas Strip and other parts of its service area of more than two million people. RTC knows it will never...

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Athens Transport Operator Seeks to Roll Out Open Loop Throughout Greek Capital by Retrofitting Thousands of Validators

by Dan BalabanPosted on May 7, 2024 (May 8, 2024)Posted in Open LoopTagged Greece, Planeta

Transport operator OASA is set to make Athens the latest European capital to roll out open-loop payments, joining London, Rome, Madrid, Amsterdam and Stockholm, along with a number of other major cities in Europe–but with a difference. OASA is not...

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Tip Sheet: Italy’s National Rail Operator Launches Open-Loop Pilot with Fare Capping

by Dan BalabanPosted on April 11, 2024 (April 12, 2024)Posted in Open LoopTagged Italy, MTA, RKRP, Sydney

taly’s national rail operator, Trenitalia, has launched an open-loop pilot with broad fare-capping options in the Veneto region of Northern Italy, on a rail line between the cities of Verona and Venice. The pilot, which launched last week, is believed to...

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Denmark Hits First Milestone for National Mobile-Ticketing Service–with Many More Milestones to Go

by Dan BalabanPosted on April 10, 2024 (April 21, 2024)Posted in Mobile TicketingTagged Denmark, RKRP

Denmark’s national transport ticketing system provider announced Tuesday it had hit the first milestone in its project to replace its closed-loop travel card with a GPS-based mobile-ticketing app. The announcement of the initial launch for up to 20,000...

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Tip Sheet: Groundbreaking Open-Loop Procurement in Venice May Finally Launch in Spring

by Dan BalabanPosted on March 19, 2024 (March 22, 2024)Posted in Open LoopTagged Auckland, Editor's Choice, London, Sweden, Venice

An official with Venice transit agency AVM said the agency plans to launch its delayed open-loop service in the tourist mecca on May 1, which would be one year later than originally planned, Mobility Payments has learned. The project is noteworthy because...

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Worldline COO: Open Loop as ‘Revolution’ is Oversold; Urges Truly Revolutionary Thinking on Payments, Fare Models

by Dan BalabanPosted on March 13, 2024 (March 14, 2024)Posted in Open LoopTagged Editor's Choice, Worldline

James Bain, COO of global mobility transactional services for Worldline, a major European processor and acquirer–in a striking acknowledgement–said that payments companies have overpromised and oversold the benefits of open-loop technology to transit...

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Search Results for: visa

MTA Official Asks Payments Networks for Lower Fees to Accept Open Loop with New Transit Interchange Rate

Denmark Issues Tender Request for Card Validators for Customers Who Will Not Use Nationwide Mobile-Ticketing App

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

California Open-Loop Procurement Program Notches Second Out-of-State Project, but Overall Take-Up Remains Low

Las Vegas Agency Wagers Open Loop will Pay Off, Despite High Interchange and Other Transaction Fees

Athens Transport Operator Seeks to Roll Out Open Loop Throughout Greek Capital by Retrofitting Thousands of Validators

Tip Sheet: Italy’s National Rail Operator Launches Open-Loop Pilot with Fare Capping

Denmark Hits First Milestone for National Mobile-Ticketing Service–with Many More Milestones to Go

Tip Sheet: Groundbreaking Open-Loop Procurement in Venice May Finally Launch in Spring

Worldline COO: Open Loop as ‘Revolution’ is Oversold; Urges Truly Revolutionary Thinking on Payments, Fare Models

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?

U.S. Transit Agency Releases Cost Analysis for ‘Emergency Procurement,’ Raising More Questions

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’