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.

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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.

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Updated: Budapest Transit Agency to Launch Open-Loop Payments Pilot with Help from Mastercard

Budapest public transit operator BKK will launch a pilot of open-loop payments on its airport shuttle bus line early next year, a project that involves Mastercard.

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Budapest public transit operator BKK will launch a pilot of open-loop payments on its airport shuttle bus line early next year, a project that involves Mastercard.

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Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition.

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The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition.

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Rome Latest Transit System to Launch Open-Loop Fare Payments; also Enables Monthly Passes with EMV Cards

Rome has become the second major city in Italy–and one of a small but growing number of large cities globally–to enable riders to pay transit fares with EMV contactless credit, debit and prepaid cards and NFC devices.

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Rome has become the second major city in Italy–and one of a small but growing number of large cities globally–to enable riders to pay transit fares with EMV contactless credit, debit and prepaid cards and NFC devices.

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