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Conduent Transportation Selected to Provide EMV Contactless Payment System for Venice Public Transit Network

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Conduent Transportation announced a partnership with Azienda Veneziana della Mobilità to implement a contactless payment system for the Venice public transport network. This innovative EMV solution will allow over 100 million annual passengers to use credit and debit cards for fare payments. The project includes the installation of 1,900 validators and will begin implementation in 2023. Conduent aims to enhance user experience through optimized fare calculations and support NFC-enabled devices, ensuring a modern transit system for both residents and tourists.

Positive
  • Partnership with AVM to enhance payment options on Venice's transport network.
  • Implementation of a contactless payment system for 100 million passengers annually.
  • Installation of 1,900 validators for efficient fare processing.
  • Optimized fare calculations for better customer experience.
Negative
  • None.

Venice public transportation system customers will be able to pay for fares using contactless credit and debit cards

New technology will offer improved travel and easier access to more than 100 million passengers per year

MILAN, Italy and FLORHAM PARK, N.J., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced that Azienda Veneziana della Mobilità (AVM), the Municipality of Venice’s public mobility company, has selected Conduent Transportation and Elavon, as well as Visa, to provide a convenient EMV (Europay, Mastercard and Visa) payment system across its public transportation network.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

AVM Venice

This technology enhancement will allow riders to pay with contactless credit and debit cards, offering easier access to AVM’s local public transport service in the metropolitan area of Venice and the integrated mobility services in the urban area. Implementation will begin in 2023.

AVM took an innovative approach in selecting the project’s partners, each bringing their expertise and capabilities to the collaboration:

  • Conduent and Elavon, a global payments company, formed a business collaboration to support this project.
  • Conduent will deliver the end-to-end technical infrastructure, including 1,900 validators, to enable contactless payments on the Venice transportation network.
  • Elavon will provide the acquiring service, handling the end-to-end process for credit and debit card payments.

The Conduent system will also enable travelers to use NFC-enabled devices such as smartphones and smartwatches with digital wallets. Fares will be calculated and optimized to the best fare for customers.

The Venice transport network includes a fleet of 149 vessels (water buses, speedboats, motorboats and ferries), more than 150 wharfs, 540 buses, 20 trams on two lines and two people movers. Approximately 100-120 million passengers travel on the Venice public transport network every year.

“The AVM mobility and public transport network is essential to our area, so we want to be sure that our system is accessible and convenient for residents and tourists. AVM has taken a unique approach by facilitating a collaboration of leading providers in order to improve the transportation system in Venice,” said Giovanni Seno, General Manager of Gruppo AVM. “Bringing these leading companies together from the beginning allows us to meet the needs of our customers efficiently and in a timely manner.”

“Transportation authorities around the world are upgrading and modernizing their systems to align with consumers who are using technology to make life easier and faster every day. Contactless payment systems are becoming an indispensable solution for these systems,” said Lou Keyes, President, Transportation Solutions at Conduent. “Through smart collaboration, AVM will be enhancing their network and the transportation experience for the millions of people who rely on the system annually.”

Conduent Transportation is a leading provider of automated and analytics-based smart mobility solutions for government agencies. These solutions, spanning roadway charging and management, parking and curbside management, and advanced transit and public safety systems, enable streamlined and personalized services for citizens and travelers who use them. The company has been helping transportation clients for more than 50 years and operates in more than 20 countries.

About Conduent
Conduent delivers mission-critical services and solutions on behalf of businesses and governments – creating exceptional outcomes for its clients and the millions of people who count on them. Through our dedicated people, processes, and technologies, Conduent solutions and services enhance customer experience, increase efficiencies, reduce costs, and improve performance for most Fortune 100 companies and more than 500 government entities. Whether it’s touching three out of every four health insured lives and delivering 45% of SNAP payments in the U.S. or enabling 1.3 billion customer service interactions and empowering 10 million employees through HR services worldwide, Conduent services and solutions interact with millions of people every day and move our clients’ operations forward. Learn more at https://www.conduent.com.

Media Contacts:
Robert Corbishley, Conduent, +44 (0)7703 516569, robert.corbishley@conduent.com
Neil Franz, Conduent, +1-240-687-0127, neil.franz@conduent.com

Investor Relations Contact:
Giles Goodburn, Conduent, +1-203-216-3546, ir@conduent.com

Note: To receive RSS news feeds, visit www.news.conduent.com. For open commentary, industry perspectives and views, visit http://twitter.com/Conduent, http://www.linkedin.com/company/conduent or http://www.facebook.com/Conduent.

Trademarks
Conduent is a trademark of Conduent Incorporated in the United States and/or other countries. Other names may be trademarks of their respective owners. 


FAQ

What is the recent announcement by Conduent regarding public transportation in Venice?

Conduent announced a partnership with Azienda Veneziana della Mobilità to implement a contactless payment system for Venice's public transport, enhancing convenience for passengers.

When will the contactless payment system be implemented in Venice?

The implementation of the contactless payment system in Venice is set to begin in 2023.

How many passengers use the Venice transport network annually?

Approximately 100 million passengers use the Venice public transport network each year.

What technology will Conduent provide for payment processing in Venice?

Conduent will deliver 1,900 validators to enable contactless payments and support NFC-enabled devices.

What benefits will the contactless payment system bring to Venice's public transport?

The system will provide easier access for passengers, optimized fare calculations, and support for credit and debit card payments.

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