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Death of Dutch Prepaid Bank Card Deal Shows Concept is Difficult Proposition for Agencies

by Dan BalabanPosted on September 4, 2024 (September 21, 2024)Posted in Closed LoopTagged Netherlands, OVpay

The recent break between Dutch transport-ticketing agency Translink Systems and Netherlands-based neobank bunq is another setback for the idea of using prepaid bank cards in place of closed-loop fare cards for agencies already offering open-loop...

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Open-Loop Payments: Are U.S. Transit Agencies Ready for the Costs?: A Discussion

by Dan BalabanPosted on September 2, 2024 (October 25, 2024)Posted in Open LoopTagged Editor's Choice

A top official with Helsinki transport agency HSL made headlines over this past weekend, Aug. 31, when he was quoted as actually discouraging customers from using contactless open-loop payments when the agency launches the long-delayed service. That’s...

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San Diego Transit Official Touts Ease of Use of Open Loop but also Describes Challenges to Support Technology

by Dan BalabanPosted on August 7, 2024 (August 12, 2024)Posted in Open LoopTagged San Diego

While touting the convenience and ease of use of open-loop payments, an official with San Diego’s Metropolitan Transit System recently called for more “standards” and consistency in implementation of the technology. Israel Maldonado, director of fare...

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Tip Sheet: Jakarta to Launch Open-Loop Payments This Year on Sole Metro Line, with Help from Mastercard

by Dan BalabanPosted on July 29, 2024 (July 30, 2024)Posted in Open LoopTagged Jarkarta, Tranitalia

Jakarta, Indonesia, opened its first metro line serving the megalopolis of more than 10 million people in 2019, and so far only accepts fares from closed-loop contactless cards and single paper tickets bearing QR codes. Soon it plans to add an option for...

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Bangkok Transit Agency Disappointed with Open-Loop Adoption Rate with Credit Cards; Rolls Out Prepaid EMV Card

by Dan BalabanPosted on July 25, 2024 (July 26, 2024)Posted in Open LoopTagged Thailand

Open-loop payments account for 13% of rides on the main metro line of the Mass Rapid Transit Authority of Thailand in Bangkok. Many transit agencies would be happy with that adoption rate–especially less than two and a half years after introducing the...

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U.S. Intercity Train Service Faces Challenges with Open Loop, but Says ‘Contactless Payment Works on Rail’

by Dan BalabanPosted on July 15, 2024 (July 16, 2024)Posted in Open LoopTagged Capitol Corridor, Editor's Choice

Capitol Corridor, believed to be the first intercity passenger rail service to pilot open-loop payments in the U.S., plans to expand the trial soon and is installing contactless readers on all of its trains for an eventual rollout. But the Northern...

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Update: Tip Sheet: Philadelphia Agency Could Reveal New Fare-System Vendor in July

by Dan BalabanPosted on June 21, 2024 (August 31, 2024)Posted in Open LoopTagged Tip Sheet

The proposed contract for the new Key 2.0 fare system in Philadelphia goes to the Southeastern Pennsylvania Transportation Authority board in July for approval, according to a SEPTA official, who is not revealing whether the agency has chosen a vendor...

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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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Search Results for: visa

Death of Dutch Prepaid Bank Card Deal Shows Concept is Difficult Proposition for Agencies

Open-Loop Payments: Are U.S. Transit Agencies Ready for the Costs?: A Discussion

San Diego Transit Official Touts Ease of Use of Open Loop but also Describes Challenges to Support Technology

Tip Sheet: Jakarta to Launch Open-Loop Payments This Year on Sole Metro Line, with Help from Mastercard

Bangkok Transit Agency Disappointed with Open-Loop Adoption Rate with Credit Cards; Rolls Out Prepaid EMV Card

U.S. Intercity Train Service Faces Challenges with Open Loop, but Says ‘Contactless Payment Works on Rail’

Update: Tip Sheet: Philadelphia Agency Could Reveal New Fare-System Vendor in July

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

Tip Sheet: Another Suitor Believed to have Emerged for Conduent’s Transportation Unit

Cubic Jumps from Fourth to First in Rank for Miami Back-Office Contract, as Competing Vendors Weigh Protests

Wellington Plans to Launch Open-Loop Payments Next April–Refusing to Wait for New Zealand’s National Ticketing Solution

Insight: Paris Warms to Open-Loop Payments but Don’t Expect a London-Style Rollout

Electric Vehicle Market in U.S. Adjusts to Loss of Sales Incentives, Charger Subsidies

Cubic Jumps from Fourth to First in Rank for Miami Back-Office Contract, as Competing Vendors Weigh Protests

D.C. Transit Authority WMATA Releases Open-Payment Overlay Contract with Littlepay; Declines to Disclose Transaction Fees, including Interchange

Tip Sheet: Layoffs at Cubic–Vendor Says It Amounts to Only 2% of Workforce but Won’t Release Figures; Insiders Say Cuts Taking Toll on Engineers, Others

In Harsh Response to Cubic’s Lawsuit, Transport for London Contends It Could have Rejected Vendor on Several Grounds

Maitland Out at Cubic; CTS President Montgomery-Torrellas to Take Over ‘Growth’ Position Himself