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

  • How to win over car owners to public transit
    February 16, 2021
    Public transportation agencies need to look at what private sector firms like Amazon and Netflix have offered their customers, argues Bonnie Crawford of Cubic Transportation Systems
  • Cubic wins contract to mobilize LA Metro TAP Fare Payment System
    January 4, 2018
    Cubic Transportation Systems has been awarded a contract by the Los Angeles County Metropolitan Authority (LA Metro), to deliver an integrated traveller app in support of the TAP regional contactless fare system. It is designed with the intention of allowing users to make a fare purchase, use their mobile device as a TAP card and complete their journey using transit, bikeshare, or other multimodal programs. It will also provide them with commute information. TAP links 24 transit agencies across the Los
  • Powa Technologies’ pioneering PowaTag service goes global
    November 5, 2014
    Retail technology business Powa Technologies has signed up more than 950 retailers and brands worldwide to its PowaTag solution and is set to become a dominant mobile retail sales platform, says the company’s founder.
  • Denmark will check-in with Fairtiq
    December 11, 2023
    Swiss ticketing provider to deliver pay-as-you-go solution to Rejsekort & Rejseplan