Article Highlights

Key Takeaway:

Four cities in Finland have launched open-loop payments, with “more in the pipeline,” making the Nordic country one of the global hotspots for the fare technology.

Key Data:

Nets found that in June, 71% of all retail card payments in Finland were made using contactless EMV credit and debit cards or NFC wallets storing open-loop credentials. That’s up from 64% in January 2020.

Organizations Mentioned:

• HSL (Helsinki)
• Nysse (Tampere)
• LMJ
Littlepay

A fourth city in Finland is beginning to roll out contactless open-loop payments, with “more in the pipeline,” according to one supplier on the project, making the Nordic country one of the latest hotspots for the technology.

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