Article Highlights

Key Takeaway:

AVM, the public transit agency that runs buses, trams, water buses and shuttles in Venice, plans to launch its open-loop payments service next fall after apparent delays, following official award of a contract as part of its unconventional procurement process for open-loop technology.

Key Data:

Table: Venice Open-Loop Project Bid Results

Organizations Mentioned:

AVM
Conduent
Visa
Pluservice
Elavon
Nexi
Cubic
Vix
• AEP

AVM, the Italian public transit agency that runs buses, trams, water buses and shuttles in Venice, plans to launch its open-loop payments service next fall after apparent delays, the agency said Monday, following official award of a contract as part of its unconventional procurement process for open-loop technology.

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