Faster, Better, Fairer Public Transport Payments
Open Loop Contactless Payment Infrastructure for Transit Providers
Open Loop Contactless Fare Collection
A public transport payment system for today
Contactless public transport payment systems allow riders to simply tap their bank cards and travel. lt's the key to a modern, efficient, and convenient travel experience that riders love.
On the flip side, enabling contactless payments for its riders allows transit agencies and operators to reduce cash handling, boarding times, operational costs whilst increasing ridership and rider satisfaction.
A win-win for both transit providers and riders.
Benefits of Open Loop Payments for Transit Agencies
If you’re a forward-thinking transit provider seeking to stay ahead of the curve with a modern public transport payment solution then a modular payments platform, like Littlepay, can make the transition to contactless acceptance quick, easy and most importantly cost-effective.
Best of all, contactless transport payment systems pave the way to...
Increased Ridership
Convenient payment methods drive ridership and fare revenues. Visa released data showing that contactless transit payments surged 187% from April to June 2022.
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Greater Transit Equity
Contactless transit payments offer fare capping and unlimited ride-prices on a pay-as-you-go basis, benefiting low-income riders as upfront payments are not required.
Increased Satisfaction
Cities worldwide are adopting contactless transit payments, and riders love it. In London, after its introduction in 2012, two-thirds of riders switched to contactless payments after their first use.
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Reduced Operating Costs
Compared to cash and closed loop smartcard fare collection methods, contactless payments are less expensive to process and maintain.
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Improved Compliance with Environmental Standards
Contactless payments boost public transport appeal and prompt riders to switch from driving. They also reduce boarding and therefore dwell time by nearly half compared to other fare collection methods.
How Littlepay can help
Embrace the Future of Public Transport Payments
Littlepay's cost-effective plug-and-play transport payments platform makes adding an open loop contactless ticketing, faster, better, fairer and more flexible.
Speed to market - Start accepting contactless payments within weeks using our cloud based payment platform.
Attractive pricing - Littlepay makes contactless acceptance accessible to transit providers of all sizes. Roll out contactless transit payments with minimal upfront costs.
Passenger-pleasing fares - Our configurable merchant portal allows you to set up a range of dynamic fare caps and discounts to bring all riders the best value automatically.
Choice of vendors - With our extensive range of pre-certified payment readers, external back-office and mobility app platforms, choose your preferred pre-integrated hardware, banking and transport technology partners.
"Littlepay's experience is valuable for us, as contactless payments in transit is a strictly regulated area. We appreciate good knowledge, experience and partnership" Kira Hellstrom, Project Manager, Helsinki Regional Transport
"Littlepay is helping us meet the demand for flexible ticketing. Our tap-on, tap-off schemes, with fare care adjustments ensure that passengers are always charged best-value fare" Kanwar Brar, Group IT Director, The Go-Ahead Group
"The Littlepay team provided creative solutions and technical support to help MST demonstrate that open-loop payments are viable and cost-effective for transit operators in smaller communities" Carl Sedoryk, CEO, Monterey-Salinas Transit
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Understanding Open Loop Payments in Transit
The decision to enable open loop contactless payments in transit is complex and hard to navigate, especially for agencies that don't have a specialised team.
To help you make an informed decision when choosing to upgrade your transport payment system, we've put together a guide that demystifies the entire process, Understanding Open Loop Payments in Transit.