Skip to main content

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

  • Wi-Fi win-win for mass transit
    October 31, 2014
    David Crawford explores passenger and operator benefits of on-board Wi-Fi Urban commuters’ growing demand for continuous – and reliable - internet connectivity is spurring network operators into the rapid installation of high-grade Wi-Fi access on their surface and underground networks, as well as in their stations. Such moves are often a key part of strategies to maintain and increase ridership levels.
  • Unicard smart ticketing set for Scotland
    July 4, 2024
    Solution will digitise Strathclyde Partnership for Transport’s ZoneCard ticketing
  • Survey outlines predictions for public transport by 2025
    January 22, 2016
    A new survey from Xerox underscores the desire for self-driving cars and smart digital services like integrated apps and cashless payment by Europe’s Generation Z (those aged 18-24 years old). The study was conducted by TNS on behalf of Xerox between 5 and 26 October 2015 among 1,200 respondents in 12 cities across the UK, France, Germany, Belgium and the Netherlands. It revealed that by 2025, a third (32 per cent) of 18-24 year olds expect to be using self-driving cars, four in ten (41 per cent) say they w
  • EIT Mobility’s A-Z of Uvar
    January 31, 2023
    Well-implemented vehicle mobility schemes offer cities quick ways to improve the quality of urban life - and now EIT Mobility has written a guide to doing so. Andrew Stone has a read…