NFC TIMES Exclusive Insight – Milan is the latest city to enable collection of fares by contactless bank cards and NFC phones, with public transport company Azienda Trasporti Milanesi, or ATM, rolling out the service to more than 100 stations on its metro system. The company plans to expand the open-loop payment service to buses and other surface transport modes it manages.
Milan is the latest of a small but growing number of major cities that have equipped subway turnstiles or bus readers to accept contactless EMV credit, debit and prepaid cards, along with EMV-based credentials on NFC phones. The list includes London, Chicago, Guangzhou and Vancouver. A number of other major cities are planning to make the move to open-loop or have already held trials or limited rollouts, including Moscow, New York, Boston, Singapore, Sydney, Brisbane and Mumbai.