Mastercard to Use E-Wallet to Try to Gain Foothold in Vietnam for Open Loop
Mastercard is seeking to gain a foothold in Vietnam for open-loop fare payments, helping to fund a launch this summer on 200 public buses in Ho Chi Minh City.
Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions
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.
Supporting Concessionary Discounts with Open Loop ‘Remains a Challenge’
While more and more transit agencies globally are enabling their customers to tap credit and debit cards and NFC wallets to pay fares, there are obstacles limiting growth.
Second Bidder Questions Procurement Practices behind Melbourne’s 15-Year Fare-System Contract Award
A second unsuccessful bidder for Melbourne’s large 15-year AU$1.7 billion (US$1.1 billion) fare-system contract is reportedly raising questions about the procurement process, contending that its bid came in well under that of the winning supplier, among other concerns.
Another Italian City to Launch Open-Loop Payments; Will Use Validators from Conduent
Another Italian city is moving to open-loop payments, with Azienda Trasporti Verona, or ATV, buying EMV-enabled validators from U.S.-based supplier Conduent.
Second Michigan Transit Agency Plans to Launch Open-Loop Payments; Set to Hire SaaS Ticketing Provider
A second transit agency in the U.S. state of Michigan plans to introduce open-loop payments, hiring a software-as-a-service vendor to roll out the service.
Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project
The Massachusetts Bay Transportation Authority, or MBTA, in Boston recently approved another contract with Scheidt & Bachmann, as it seeks to extend the life of its existing fare-collection system until a delayed new fare system from Cubic Transportation Systems arrives.
The MBTA board unanimously approved a $51 million contract with Scheidt & Bachmann, longtime vendor of the agency’s closed-loop CharlieCard program.
Top Cubic Executives Complain of ‘Serious Concerns’ about Tender Process in Selection of Rival Conduent in Australia: Reports
U.S.-based Cubic Corp. sent a letter of complaint to the premier of the Australian state of Victoria in Melbourne, contending that a flawed procurement process led to the selection of rival vendor Conduent for a 15-year, AU$1.7 billion (US$1.1 billion), contract for a new fare system, according to published reports today.
Is Sweden’s No. 2 City Rolling Out Open-Loop Payments Twice?
Earlier this month, Gothenburg transit authority Västtrafik launched open-loop payments, the fourth city in Sweden to do so, according to Vix Technology, the vendor that implemented the service on 4,500 upgraded validators on buses, trams and ferries in the city.
California’s ‘Mobility Marketplace’ Completes First Full Year with Few Agencies Ordering Open-Loop Technology So Far
In its first full year of operation, a state-backed program in California targeted at small to mid-sized transit agencies– encouraging them to buy open-loop payments technology–has attracted orders from just six agencies and one small group.