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The EMV by AEP launched in Turin on subway and buses

Turin, 10 july 2020 – AEP 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) (Gruppo Torinese Trasporti) terminals in 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 devicesin 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 terminals while also benefiting from the best available travel tariff based on the number of journeys made.

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.

“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.

“We are particularly proud to have worked with AEP on the launch of the new contactless payment system at a time when every possible measure must be taken to protect the safety of travelers. 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 TornaghiMarketing & Sales Director of SIA.