Apple Enables Virtual SmarTrip Fare Card for Apple Pay in Washington, D.C., with More Closed-Loop Transit Cards Expected This Year in U.S.

Apple added support for its latest closed-loop transit card for Apple Pay, enabling customers of the Washington Metropolitan Area Transit Authority, or WMATA, to tap their NFC-enabled iPhones and Apple Watches to pay for rides with WMATA’s SmarTrip virtual...

Visa Reports 50 Open-Loop Launches and Strong Growth in Transactions for First Half of Fiscal Year

Visa card at metro gate Genoa
Visa said 50 more cities globally introduced open-loop payments that included acceptance of Visa-branded cards and NFC wallet credentials during the six months ending March 31, though the payments scheme is believed to be including cities where agencies only...
Preview Article

Public Transit Ticket Sales in Transit App Continue to Grow, though Make Up Small Share of Total Fare Revenue

Using Transit app at vending machine in Dayton
The Transit app has recorded nearly 2.5 million ticketing transactions since it began enabling transit agency customers to buy tickets in its trip-planning app in 2019, the app provider told [...]

Preview Article