Open-Loop Payments

Rising P2P Payments Driving Demand for More Seamless Money Movement Options
Rising P2P Payments Driving Demand for More Seamless Money Movement Options
April 11, 2023  |  Payment Methods

Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend...

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

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...

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

The Netherlands has followed London’s example with the launch of an open-loop transport system. Unlike their closed-loop equivalent, open-loop payment systems don’t require an additional...

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

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...

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