Open Loop Payments news and trends

Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
Transportation // March 17, 2023

As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only benefit ridership and relieve urban congestion, but also promise greater financial inclusion. Get the Full Story Complete the form to...

European Cities Promote Nationwide Open-Loop Contactless Travel
Payments Innovation // December 14, 2022

The Netherlands has followed London’s example with the launch of an open-loop transport system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Public Transit Authorities Mull Adding Payment Options to Boost Ridership
Payments Innovation // November 30, 2022

Public transit is still reeling from pandemic impacts that left trains and buses mostly empty in 2020 and 2021. Recently, there’s been a push by transit authorities to consider open-loop payment systems that accept the rider’s preferred payment method, encouraging commuters or visitors to simply...

Interviews & Exclusives
Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide

March 17, 2023
As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only benefit ridership and relieve urban congestion, but also promise greater financial inclusion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all […]

Public Transit Authorities Mull Adding Payment Options to Boost Ridership

November 30, 2022
Public transit is still reeling from pandemic impacts that left trains and buses mostly empty in 2020 and 2021. Recently, there’s been a push by transit authorities to consider open-loop...