Closed-loop payments make that possible. They don’t just process a sale. They embed loyalty directly into the act of paying.

Aurionpro Solutions added 3.31% to Rs 1377.05 after the company announced that it has won a contract for implementing its automated fare collection (AFC) system for the public transport system in ...

With open-loop payment systems, that moment belongs to a third party. Your brand fades into the background. Closed-loop cards, however, hand the moment back to you.

Updates from Payments Canada highlight nation’s commitment to modernizing its financial infrastructure while prioritizing security and innovation.

Sunny, a financial technology innovator simplifying healthcare engagement with integrated payments, benefits, and rewards, ...

The installation of free Wi-Fi at all MRT3 stations is part of preparations for the cashless payment rollout on July 1, 2025. The Department of Transportation (DOTr) will soon allow LRT and MRT ...

The company reaffirms its commitment to supporting financial institutions in simplifying and securing cross-border payments.

The public transport sector of Sri Lanka plays a vital role as a backbone of this nation’s economy, facilitating affordable ...

"I was wondering why this wasn't implemented early on, that's why cashless options will be implemented immediately on the MRT," he said. The President instructed the Department of Transportation (DOTr ...

President Ferdinand “Bongbong” Marcos Jr. earlier ordered the DOTr to develop an open-loop payment system that is integrated with multiple financial platforms, Dizon said. According to a report of EJ ...

President Marcos had ordered the DOTr to develop an open-loop payment system that is integrated with multiple financial platforms. Such a system aims to replicate the seamless and inclusive systems ...

SOLLONG stated that as SOLG payment channels continue to expand and the “Trinity” mechanism is further optimized, its application will gradually extend to sectors such as data storage, AI training, ...