UITP promotes paying for public transport without the hassle
The International Association of Public Transport (UITP) launched the new Urban Mobility Open Payments Forum, aiming to advance adoption of open loop payment systems in public transport across the globe. With open loop payment, anyone can use and pay for public transport without needing any additional means of the transport system.
Together UITP and financial corporations Visa, American Express and Scheidt & Bachmann, will help pave the way for a world in which paying for public transport in your home city is as easy as it is in a city you are visiting. The launch of the Urban Mobility Open Payments Forum follows calls from the transportation sector to create a clearer framework at an international level on open loop payments in public transport.
What are the benefits?
With open loop payment, passengers can use public transport without additional hurdles. It is the opposite of closed-loop technology such as coins, paper tickets, magnetic stripe or even earlier versions of smart cards has limited interoperability and intermodality.
You can use an existing contactless card to pay for a trip, even even when you are not affiliated with the transport network. There is no need to install an app first or buy an agency specific smart card for every city. Riders can simply use a payment card or contactless device such as a phone.
Platform for open loop payment
UITP, in collaboration with the financial services corporations, will bring together a platform to all relevant stakeholders, including payment systems, industry partners, public transport operators and authorities. The Forum will facilitate exchange and dialogue on solutions and processes, raising awareness to make it easier and less costly for public transport organisations to implement open loop payment.
The Urban Mobility Open Payments Forum will launch a series of initiatives to inform and educate the wider market and improve understanding and know-how of the stakeholders of the public transport sector, in particular public transport operators and authorities. They are actively looking for new members to broaden the discussions on open loop payment in public transport.