Moovel launches transit benefit system

Portland-based Moovel will launch a system that intends to increase transit ridership and streamline ticketing by allowing riders to access benefits and reduced fares from their mobile devices. Called FareShare, the mobile app and online system aim to provide passengers with a better travel experience and reduce operational costs for transit agencies by removing the distribution and tracking of physical transit passes. The solution will be available to universities, employers and other organisations that
April 10, 2018 Read time: 2 mins

Portland-based 8743 Moovel will launch a system that intends to increase transit ridership and streamline ticketing by allowing riders to access benefits and reduced fares from their mobile devices.

Called FareShare, the mobile app and online system aim to provide passengers with a better travel experience and reduce operational costs for transit agencies by removing the distribution and tracking of physical transit passes.

The solution will be available to universities, employers and other organisations that offer transit benefits. Retailers, over time, will be able to utilise FareShare to deliver incentives and increase foot traffic. Additionally, public officials are expected to gain access to enhanced data to help manage and improve transportations systems.

Nat Parker, Moovel North America chief executive officer, said: “Transit benefits and reduced fares are great ways to promote ridership, but we've heard from transit agencies, employers and universities that use plastic passes, ticket books and stickers that they can be a headache to manage and distribute. By digitising transit benefits, we have the opportunity to reduce administrative costs while improving the experience for riders. And as more transportation options are available at the touch of a screen, convenience is key."

For more information on companies in this article

Related Content

  • Half of passengers ‘would pay for better technology’
    August 2, 2013
    David Crawford considers the finding of a passenger attitude survey in nine cities worldwide. Three quarters of regular users of public transport in nine capital and other major cities worldwide believe that electronic ticketing would make travel easier; while an overwhelming 92% would welcome paperless travel in any form, according to a recent consumer survey from global management consultants Accenture. Of the 4,500 urban travellers aged over-18 who were quizzed, some 90% routinely used public transport.
    Read More
  • Digital Transformation is the way to comprehensive transportation 
    March 31, 2021
    Transportation worldwide needs to keep up with a variety of challenges: Frederic Giron of Forrester Consulting explains how digital technologies will be the key to making the necessary changes...
    Read More
  • MaaS by any other name
    February 6, 2020
    Has the roll-out of Mobility as a Service stalled - or could it just be that multimodal travel is simply happening under a variety of different names?
    Read More
  • Blockchain: the next big thing for ITS? Really?
    October 8, 2018
    Everyone’s heard of blockchain – but most people are less sure about what it really is, and how it might be used in transportation. Andrew Williams peers into cyberspace to find some answers. A growing number of organisations in the ITS industry are exploring how blockchain technology could be used for ITS and mobility applications. So, what exactly is blockchain technology? What are the key current and potential applications in the mobility and ITS sector? And what practical benefits might it bring?
    Read More

Highlighted Content