Stockholm, open-loop card tapping reader on bus

Article Highlights

Key Takeaway:

Nearly a year after Storstockholms Lokaltrafik, or SL, in Stockholm launched open-loop payments for its multimodal transport network, the agency was seeing around 15% of its total fare revenue coming from contactless EMV payments. The figures show a fairly quick start for open loop in the Swedish capital.

Key Data:

Chart: Open-loop revenue as a percentage of total revenue

Organizations Mentioned:

• SL (Stockholm)
• MTA (New York)

Nearly a year after Storstockholms Lokaltrafik, or SL, in Stockholm launched open-loop payments for its multimodal transport network, the agency was seeing around 15% of its total fare revenue coming from contactless EMV payments, according to figures obtained by Mobility Payments.

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