Payments News

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Bay Area Transit Board To Consider a Big Fare Contract, but Open-Loop Payments Aren’t Included

“The San Francisco Bay Area’s Metropolitan Transportation Commission next week will consider a $461 million contract with Cubic Transportation Systems to modernize the Clipper fare-payment system used by 22 separate transit agencies in the region. The upgrade will retain the closed-loop Clipper card that uses near-field communication for contactless fare payments. But it will include a […]
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Briefing: WeChat rolls out auto payment system for car parking

“Tencent has launched an automated payment system under its WeChat Pay operation for car parks across China. The system has been implemented in more than 1,000 parking lots nationwide in major shopping malls, railway stations, and airports. A company executive says the system will be expanded to parking sites in schools and popular tourist destinations. […]
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On The Wires

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Passport Advances Mobility Platform with NuPark Acquisition

“Passport today announced it has acquired NuPark, a leading parking management technology company. NuPark’s advanced LPR-based enterprise management solution for enforcement and permitting will help complement Passport’s strong base of mobile payment solutions to create a comprehensive mobility platform. Approximately 1 in 3 vehicles in the United States are processed through the combined system network, making Passport […]