Can Transit Agencies Quit Closed Loop after Rolling Out Open-Loop Payments?
A panel of industry experts squared off for a first-of-its-kind debate about the pros and cons of open-loop payments, tackling a range of issues–from whether transit agencies can completely eliminate their closed-loop programs in favor of open loop, to costs agencies should be ready to incur when rolling out the technology.
Panel of Experts to Debate Costs, Other Issues Transit Agencies Face in Rolling Out Open-Loop Payments
There’s little doubt that open-loop payments is the highest profile trend in the fare-collection industry.