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Open-Loop EMV Contactless Payment Cards for Transit to Rise to 136 Million+ by 2025 According to ABI Research, a global tech market advisory firm, the number of open-loop EMV cards in ticketing use will increase worldwide from 24.8 million to 136.9 million by 2025. With contactless payment acceptance and transactions in all markets experiencing a sharp upturn during COVID-19, approximately 150 large cities are looking to adopt EMV as another contactless payment method, which will sit alongside existing proprietary solutions, including cities in Ireland, the United Arab Emirates (UAE), India, and Russia. “The global COVID-19 pandemic has brought about a drive toward the modernization of ticketing systems in a contact-free way. While ridership has seen a significant downturn due to the pandemic, cEMV systems provide several advantages for end-users,” said Sam Gazeley, digital security analyst at ABI Research. “Where, previously, the significant capital required to set up and

United statesUnited arab emiratesCity ofUnited kingdomSam gazeleyAcceptance on transportation networksClosed loopTransportation networksDigital securityMarket updateஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது அரபு அமீரகங்கள்நகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்மூடப்பட்டது வளையபோக்குவரத்து நெட்வொர்க்குகள்