Article Highlights

Key Takeaway:

Portugal’s second-largest city plans to offer contactless and NFC payments as an additional option for customers. It is joining a number of cities in Europe that have adopted open loop fare payments.

Key Data:

Other cities in Europe that have adopted open-loop fare payments, including London, Milan, Rome, Brussels, Prague, Stockholm, Madrid and Moscow, with more implementing the technology.

Organizations Mentioned:

• TIP (Porto)
• Porto Metro
• STCP (Porto)
• Cybersource
• Card4B

Porto aims to become one of the next cities in Europe to roll out contactless open-loop payments, launching a pilot on a Porto Metro line and a route of STCP, which runs the bus and tram service for Portugal’s second largest city.

This premium content is only available to subscribers

Article has about544words.

To keep reading, subscribe today

Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.