Tikpay is a cloud-based ticketing and payment platform designed to modernize transportation payments for both travelers and operators. By eliminating reliance on outdated systems, Tikpay offers a seamless, flexible, and efficient payment experience across various modes of transport. Travelers can pay for their journeys however, whenever, and wherever they choose, while operators benefit from reduced operational complexities and costs.
Key Features and Functionality:
- Account-Based Ticketing : Manages customer and travel information in a back-office account, supporting multiple fare media and funding sources.
- Flexible Payment Options: Supports various payment methods, including credit/debit cards, digital wallets, and QR codes, allowing travelers to pay before, during, or after their journey.
- Automatic Fare Calculation: Determines the best fare for a trip by matching taps and considering factors like concessions, discounts, and caps, ensuring fair and accurate billing.
- Group and Family Accounts: Enables the creation of group accounts, facilitating shared travel experiences and payments.
- Enhanced Data Insights: Provides operators with comprehensive data on traveler behavior, aiding in informed decision-making and service optimization.
Primary Value and Solutions:
Tikpay addresses the inefficiencies of legacy transport ticketing systems by offering a modern, account-based solution that enhances the travel experience and operational efficiency. For travelers, it provides a convenient and flexible payment system that adapts to their preferences, promoting increased use of public transport. For operators, Tikpay reduces ticketing costs by 40% or more, streamlines operations, and offers valuable insights into traveler behavior, enabling better service delivery and increased patronage.