Article Highlights

Key Takeaway:

The transport operator serving Florence and the surrounding region of Tuscany for bus and trams has introduced open-loop payments for single rides, with help from Visa.

Key Data:

Payments schemes Visa and Mastercard have been known to strike deals with transport agencies in Italy and beyond that help fund and market open-loop payments projects. While the networks don’t make money directly on interchange when customers tap their cards or wallets to pay, they do receive scheme fees.

Organizations Mentioned:

• AT (Tuscany)
• Visa
• Kuba
• Vix Technology

The bus and tram operator in Florence and the surrounding Tuscany region in Italy launched open-loop payments for single rides last week, with help from Visa.

Transport operator Autolinee Toscane, owned by France-based RATP Group, introduced the technology, with more than 6,000 new validators

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