January 10, 2023
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What about the Unbanked? Mind the Open-Loop Gap

One concern regarding Open-Loop Ticketing Systems is the consequences it may have for people who do not use traditional banking services or who don’t have access to smartphones. Also, the emergence and growing adoption of secure and efficient payment technology offer transit agencies an unprecedented opportunity to phase out inefficient legacy systems and allow customers to pay for transit the same way they pay for most other goods and services. A few resources are available to agencies considering modernizing their payment systems.
January 3, 2023
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7 Reasons to Embrace Open-Loop Ticketing Now

Open-Loop Payment Systems allow transit agencies to get out of the business of issuing fare media and maintaining the card sales infrastructure. This significantly lowers operational costs for the transit agency. This is one of the 7 reasons we outlined for you in this article.
August 5, 2022
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U.S. Bank takes a closer look at transit open tap-to-ride payments

U.S. Bank believes the $1.2 trillion infrastructure Investment and Jobs Act signed into law last year will be a boon for contactless tap-to-pay transit payment systems.
July 27, 2022
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EMV chip card use is growing across the globe

With 12bn EMV cards deployed worldwide, and issuance and adoption seeing sustained increases globally, EMV chip provides a trusted foundation that is supporting the ongoing shift away from cash and towards digital payments,” said EMVCo Chair Robin Trickel.