Open Loop Has Limitations for Riders and Transit Agencies, Says French Closed-Loop Tech Supplier
Users of open-loop payments in France are mainly tourists and occasional riders paying for single tickets–not the transit agencies’ regular customers–the head of a company that implements closed-loop mobile NFC ticketing in France, told Mobility Payments.
Transit Agencies Feel Heat from Chip Shortage as They Source Closed-Loop Cards
Transit agencies continue to see long lead times on their closed-loop card orders because of supply-chain issues, and the situation is unlikely to improve this year.
Ireland’s National Transport Authority Prepares to Accept Bids for Large Next-Generation Ticketing Project
Ireland’s National Transport Authority, or NTA, plans to award a contract for its long-awaited nationwide next-generation ticketing project by the fourth quarter of next year, the agency has told Mobility Payments. That is a least a year behind schedule.
Conduent to Part with Its Transportation Business Unit, Including Fare Collection
U.S.-based Conduent, a business services outsourcing company, said it would sell or spin off its transportation business unit, a major automated fare-collection system supplier globally.
British Transit Agency Adds Closed-Loop Card to Google Pay for Pay-as-You-Go Fares
Riders on the Tyne and Wear Metro in North East England are now able to tap to pay for pay-as-you-go fares with a digital version of the closed-loop Pop card in Google Pay.
In-Depth: Retail Payments Networks Key to Cashless Push by U.S. Transit Agencies
Despite the strong push behind electronic fare payments and buzz around going cashless, only a few transit agencies in the U.S. have actually eliminated cash acceptance on board their buses and other vehicles or plan to do so.
Moscow Joint Venture Launches Test of Mobile POS, as It Seeks to Further Expand Reach of Closed-Loop Troika
A joint venture of the Moscow city government and state-owned Sberbank, Russia’s largest bank, has launched a test of a mobile-POS app for bus drivers to use to accept fare payments from the closed-loop Troika card along with contactless bank cards and NFC wallets.
Moscow Metro Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services
Moscow Metro is recruiting more users to test its “Virtual Troika” card in two NFC wallets, those supporting Google Pay and Samsung Pay, as one of the world’s largest subway operators continues to seek more ways for its customers to pay for rides.
U.S. Transit Agency Eliminates Cash Acceptance on Board Its Vehicles as Planned
In the run-up to the elimination of cash fares on board its fixed-route buses and trolleybuses today, the Greater Dayton RTA had reduced cash payments to less than 10% of all trips, while 92% of the trips were paid for with digital payments–either contactless closed-loop cards or mobile ticketing, the agency told Mobility Payments.
Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards
As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to pay fares.