In an unprecedented leap towards modernizing public transport payments, Rome has emerged as Europe's first city to offer contactless payment solutions to commuters.
This innovative service, courtesy of a groundbreaking collaboration with UnionPay and Nexi, allows passengers to board public transport and pay fares using a contactless payment card or a mobile device linked to their card.
A Game-Changer in Transit Payments
PR Newswire noted that Nexi, the premier Italian PayTech company, now boasts strategic partnerships that enable contactless payments for UnionPay cardholders. This service, dubbed open loop transit, is facilitated through contactless sales channels developed by ATAC, revolutionizing commuters' access to Rome's extensive transportation network.
Accessibility Across the Board
According to Fintech Finance, this service spans all of Rome's public transportation vehicles, including buses, trams, trolleybuses, and the entire metro system, making it a boon for millions of tourists and residents alike, especially those from Asian countries.
The highlight of this payment method is the elimination of the need to purchase tickets in advance, providing unmatched convenience, security, and cost-efficiency. It guarantees the best fare based on the commuter's travel history over the last 24 hours.
The Future of Urban Mobility
The initiative underscores Nexi's capability to deliver cutting-edge payment solutions globally, with Rome setting a precedent for digital ticketing in public transport. "We are proud to implement this service in Rome, facilitating a smoother travel experience for millions, particularly from Asia, and marking a significant step towards the digitization of travel tickets," commented Filippo Maria Signoretti of Nexi.
UnionPay International's Head, Mr. Yang Shengliang, expressed enthusiasm about the partnership with Nexi, emphasizing the simplification of the travel experience for UnionPay cardholders and the aspiration to introduce more innovative payment solutions across Europe.
Along with UnionPay, the service accommodates Mastercard, Visa, and American Express cardholders, marking a new era in convenient and secure transit fare payments in Rome. This partnership enhances the travel experience for millions and signifies crucial progress in adopting innovative payment technologies in public transportation.
Photo: PR Newswire


SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Instagram Outage Disrupts Thousands of U.S. Users
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 



