Conduent Transportation Implements New Contactless Payment System In Marseille, France
Portfolio Pulse from Benzinga Newsdesk
Conduent Transportation, a unit of Conduent Incorporated (NASDAQ:CNDT), in partnership with Visa and Caisse d'Epargne CEPAC, has implemented a contactless payment system for Marseille's public transport. This system, which supports contactless cards and NFC-enabled digital wallets, is part of a modernization effort to enhance passenger experience. Conduent's fare collection systems are used globally, with recent expansions in Verona, Italy, and Victoria, Australia.
November 15, 2023 | 1:59 pm
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Conduent Incorporated has successfully implemented a contactless payment system in Marseille's public transport, indicating a growing footprint in smart mobility solutions.
The successful implementation of a new contactless payment system in a major city like Marseille is a positive development for Conduent, likely to be viewed favorably by investors. It demonstrates the company's ability to secure and execute large-scale projects, which may lead to increased investor confidence and potential growth in the stock price in the short term.
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