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The Emergence of Open Payment Fare Systems Part 2

The Emergence of Open Payment Fare Systems Part 2. Open Payments, Mobile Payments, and PIV Acceptance. Sponsored by the ITS Professional Capacity Building Program, ITS Joint Program Office, Research and Innovative Technology Administration, U.S. Department of Transportation. Agenda.

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The Emergence of Open Payment Fare Systems Part 2

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  1. The Emergence of Open Payment Fare Systems Part 2 Open Payments, Mobile Payments, and PIV Acceptance Sponsored by the ITS Professional Capacity Building Program, ITS Joint Program Office, Research and Innovative Technology Administration, U.S. Department of Transportation

  2. Agenda • Overview of Webinar 1 • Open Payments Approach- Burt Wilhelm, MasterCard Worldwide • Mobile Payments Overview- Randy Vanderhoof, Smart Card Alliance • Convergence of Payment Systems and Credentials- Greg Garback, Washington Metropolitan Area Transit Authority • Question and Answer

  3. Open and Closed Payment System Approaches Closed Approach Open Approach Payment media issued and managed elsewhere Used for any retail purchase More open architecture approach (Financial Industry Standards) Account-based • Card issued and managed by transit agency • Used for transit service only • Tends to be proprietary (or transit agency system-specific) • Card-based

  4. Unique Regional Solutions • Operators must evaluate their unique circumstances • Legacy traditional smart card payment systems with remaining life • Single-agency or multi-agency • Political environment • Trend toward leasing systems to private sector entities throughout transportation • Migration paths will vary based on these factors • Potential for hybrid systems utilizing multiple payment methods to leverage strengths of different approaches

  5. Today’s Speakers • Burt Wilhelm, MasterCard Worldwide • Randy Vanderhoof, Smart Card Alliance • Greg Garback, Washington Metropolitan Area Transit Authority

  6. Contact Information • Burt Wilhelm, MasterCard Worldwide, burt_wilhelm@mastercard.com • Randy Vanderhoof, Smart Card Alliance, rvanderhoof@smartcardalliance.org • Greg Garback, Washington Metropolitan Area Transit Authority, ggarback@wmata.com • Tim Weisenberger, US DOT John A. Volpe Center, timothy.weisenberger@dot.gov

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