City rejects eMoneyServices offer

The City of Prague has turned down an offer by eMoneyServices to pay 500 million crowns to continue licensing the multi-purpose Opencard. The mayor said earlier the amount demanded was unacceptable; two studies found the price inflated by one-quarter. City Hall will call a tender to select a new card system; meanwhile, the city will start negotiations on the continuation of the current system for an interim period. The selection of a new card system will evidently spell the end of the controversial Opencard, which cost close to 1.2 billion crowns.