People will be able to put as much money on the card as they want and then use the card to travel on the Subway, trains, buses and ferries.
It was revealed SPT bosses are looking at making the cards available to buy at a range of outlets including travel centres, shops, ticket machines at bus stops, petrol stations and hospitals.
It is estimated around 1.5million people across Strathclyde Region area will opt to take advantage of the new hi-tech ticket
SPT bosses are about to tender for new gates and barriers at its 15 Subway stations which will allow travellers to use the smart card.
Instead of having to buy a ticket, commuters would simply tap their card on a pad resulting in the cost of the fare being deducted automatically.
The first people in the SPT area to be able to take advantage of smart cards are the 600,000 concessionary fare travellers who will be able to use their existing travel cards on buses.
In the next couple of months, new technology will begin appearing on Glasgow buses meaning an end to paper tickets.
Unlike London, bus services in the rest of the UK are not regulated and there are around 100 different bus firms alone operating in the SPT area.
Experts say the advantages of smart card technology is that it is automatic, speeds up journeys and people don’t need to search for change.