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

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...

Large Fare-Collection Company in Korea Seeks to Roll Out Hands-Free Ticketing at Busy Metro Stations

Tmoney tagless ticketing
South Korean fare-collection and e-purse scheme Tmoney has implemented hands-free mobile ticketing on one gated light-rail line in Seoul. Can it win over other transit operators and, more importantly, riders who have been tapping its contactless cards for...