International Transit and Payment: Finding the Contactless Breakout Strategy

Table of Contents

• Index of Figures
• Introduction
• Worldwide Transit Payments
  • Market Size
  • Market Growth
• Transit Payment Models
  • Closed Loop Systems
  • Open Loop Systems
  • Transit Authority-Driven Hybrid Systems
  • Issuer-Driven Hybrid Systems
• The Ecosystem
  • Card Networks and Banks
    • Closed Loop
    • Open Loop
    • Hybrid
• Merchants
  • Open Loop
  • TA-driven Hybrid
  • Issuer-driven Hybrid
  • The Transit Authorities
    • Closed Loop
    • Open Loop
    • Hybrid
• Examples of International Transit Applications
  • Hong Kong: Octopus
  • Taiwan: Taiwan MoneyCard/MasterCard and Taipei EasyCard/Visa payWave
  • London: Oyster / Barclaycard
    • Boston' s CharlieCard - Contactless Closed Loop Transit
• Issues and Influences on International Transit Payments
  • Transaction Speed
  • Flexible Fare Pricing
• Looking to the Future of Transit Payments
  • Contactless Outlook
  • NFC
  • National and Inter-Nation Transit Ticketing Capabilities
  • Card Payments Take to the Air
• Conclusion

Index of Figures

• Figure 1: Global Contactless Transit Card Issuance