Article Highlights
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.
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.
• AT (Tuscany)
• RATP
• 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
This premium content is only available to subscribers
Article has about865words.
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.
