Article Highlights

Key Takeaway:

“Closed-loop EMV” provides an alternative to proprietary closed-loop cards, such as those based on Mifare. But despite promotion by such suppliers as Visa and Mastercard, closed-loop EMV is not yet taking off.

Key Data:

Table: Transit agencies and closed-loop EMV

Transit agency Storstockholms Lokaltrafik, or SL, in Stockholm launched what is believed to be the industry’s first rollout of white-label EMV cards for its closed-loop customers in September 2021. To date it has issued around 1.5 million cards, which customers use frequently.

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