PayiQ exhibits Mobility as a Service

What is claimed to be the world’s first Mobility as a Service solution, PayiQ, can be viewed on the ITS Finland stand. The service, which is based on a smartphone app developed by iQ Payments, enables registered users to buy transit tickets, arrange ride-sharing and make a car- or bicycle-sharing booking.
October 8, 2015 Read time: 1 min

What is claimed to be the world’s first Mobility as a Service solution, 8249 PayiQ, can be viewed on the 7350 ITS Finland stand. The service, which is based on a smartphone app developed by iQ Payments, enables registered users to buy transit tickets, arrange ride-sharing and make a car- or bicycle-sharing booking.

Users can opt to either receive a single monthly bill, pay as they use the service or pay via their mobile service provider.

The company has also just announced that Vediafi taxi sharing services, which will start this month in Helsinki for guests at the Omena hotel, will accept PayiQ mobile payment.

According to the company’s CEO Tuomo Parjanen, people find the app easy to use and the software includes an anti-fraud feature which prevents QR codes being photographed and used by non-authorised individuals. He said in areas adopting the system, the anonymised information concerning peoples’ travel habits is available for analysis purposes.  

For more information on companies in this article

Related Content

  • Cooperative systems and privacy not mutually exclusive
    February 6, 2012
    Are co-operative systems and personal privacy mutually exclusive? Not necessarily, says Neil Hoose. But the more advanced the application, the greater the concession of privacy may have to become
    Read More
  • America fires V2V starting gun
    April 7, 2014
    Leo McCloskey, ITS America’s senior vice president for Technical Programs, talks to Jason Barnes about what the recent NHTSA ruling on light vehicle connectivity means for cooperative infrastructures in North America. In early February the US Department of Transportation’s (USDOT’s) National Highway Traffic Safety Administration (NHTSA) announced it had decided to start taking steps to enable Vehicle-to-Vehicle (V2V) communication technology for light vehicles. In so doing, the many safety-related applicati
    Read More
  • Helsinki expands mobile ticketing
    June 2, 2016
    Helsinki, Finland, has deployed a new mobile app-based ticketing system across the greater Helsinki area, allowing public transport users to use their mobile phones to pay for public transport beyond the central tram and metro network, with the cost of the ticket debited to the user's mobile phone bill at the end of the month. Dutch company Gemalto’s Netsize Transport Ticketing complements the existing SMS tickets in use since 2006, providing direct billing connections to the mobile network operators ov
    Read More
  • Developments in smarter multi-modal fare paynment
    February 2, 2012
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
    Read More

Highlighted Content