New York City Transit Agency Sees Strong Usage of Open-Loop Payments on Subway
The Metropolitan Transportation Authority said it is seeing nearly 40% of trips taken on its New York City Subway paid for through the agency’s OMNY service, which is used mainly for open-loop payments.
Apple Again Promises to Push Transit Ticketing as It Seeks Broader Adoption of Apple Pay
While noting to financial analysts late Tuesday (July 2019) that Apple Pay is now approaching 1 billion transactions per month globally and is in 47 markets, perhaps Apple CEO Tim Cook’s most significant comments about Apple Pay this week was to again emphasize that Apple wants to enable users to routinely tap to pay for bus, subway and other transit rides with their iPhones and Apple Watches.