[stock-market-ticker symbols="FB;BABA;AMZN;AXP;AAPL;DBD;EEFT;GTO.AS;ING.PA;MA;MGI;NPSNY;NCR;PYPL;005930.KS;SQ;HO.PA;V;WDI.DE;WU;WP" width="100%" palette="financial-light"]

SIA brings contactless card payments into the transit network of Turin city

10 iulie 2020

 AEP, a major Italian company in the field of electronic ticketing systems and devices for public transport, and SIA, the leading European hi-tech company in the payment services and infrastructures sector controlled by CDP Equity, have created a digital platform enabling tickets to be paid for directly at GTT (Gruppo Torinese Trasporti) terminals installed on the turnstiles at subway stations and on board a number of bus lines in the city of Turin using EMV contactless credit and debit cards (Mastercard and VISA), also virtualized on smartphones and wearable devices, in a simple, fast, secure manner.
 
„The innovative system is based on the technological infrastructure of AEP and SIA that allows users to pay for public transport services by simply bringing their card close to the GTT terminals while also benefiting from the best available travel tariff based on the number of journeys made,” according to the press release.
 
The advanced features supporting the development of Smart Mobility permit immediate purchase of the ticket as well as management, authorization, accounting and reporting of payment transactions.
 
„This is a further, significant step forward in the digital transformation of the public transport sector. The new payment system also allows Turin to be one of the cities in Italy and the world possessing the most innovative mobility services,” the company said.
 
„We would like to express our gratitude to GTT, the Turin Municipality and SIA for allowing us to implement this system for payments with EMV cards on public transport, which goes to join the many others we have implemented in Italy and abroad. With over 7,000 AEP devices, GTT is one of our most important customers and it is also thanks to our collaboration that, in 2016, we began to develop this key new technology”, said Giovanni Becattini, CEO of AEP.
 
„As of today, Turin is also one of the major Italian cities – alongside Milan, Rome, Venice and Naples – using SIA’s technology to digitize millions of travel tickets. Our country is accelerating its digitization process, in particular in the field of mobility and public transport. Electronic payment is thus increasingly becoming part of the everyday life of citizens and the alternative standard to cash”, said Eugenio Tornaghi, Marketing & Sales Director of SIA.

Noutăți
Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?