James Bain, COO of global mobility transactional services for Worldline, a major European processor and acquirer–in a striking acknowledgement–said that payments companies have overpromised and oversold the benefits of open-loop technology to transit agencies.
Bain, in a speech at the Transport Ticketing Global conference in London last week, titled, “Do we honestly believe the ‘open payments’ revolution is here?”
James Bain, COO of global mobility transactional services for Worldline, a major European processor and acquirer–in a striking acknowledgement–said that payments companies have overpromised and oversold the benefits of open-loop technology to transit agencies.
Bain, in a speech at the Transport Ticketing Global conference in London last week, titled, “Do we honestly believe the ‘open payments’ revolution is here?”