MTA Official Asks Payments Networks for Lower Fees to Accept Open Loop with New Transit Interchange Rate

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 we've always asked for, getting a transit rate,” she said, speaking at the Transport Ticketing North America conference in Chicago. “Government, higher education, lodging industry all

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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 we’ve always asked for, getting a transit rate,” she said, speaking at the Transport Ticketing North America conference in Chicago. “Government, higher education, lodging industry all

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You must be a member to access this content.

View Membership Levels

Already a member? Log in here