Article Highlights

Key Takeaway:

Portugal’s second-largest city plans to offer contactless and NFC payments as an additional option for customers. It is joining a number of cities in Europe that have adopted open loop fare payments.

Key Data:

Other cities in Europe that have adopted open-loop fare payments, including London, Milan, Rome, Brussels, Prague, Stockholm, Madrid and Moscow, with more implementing the technology.

Organizations Mentioned:

• TIP (Porto)
• Porto Metro
• STCP (Porto)
• Visa
• Cybersource
• Littlepay
• Card4B

Porto aims to become one of the next cities in Europe to roll out contactless open-loop payments, launching a pilot on a Porto Metro line and a route of STCP, which runs the bus and tram service for Portugal’s second largest city.

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