London-based tech company Masabi has recently announced a strategic partnership with Worldpay from FIS, one of the world’s leading payment processing solutions providers. This collaboration aims to revolutionize the way people pay for public transport, making commuting more convenient and hassle-free.
Masabi specializes in mobile ticketing and innovative fare collection solutions, while Worldpay from FIS specializes in secure and efficient payment processing. By leveraging their respective expertise, the partnership will allow Masabi to expand its reach and introduce seamless payment solutions for transport agencies worldwide.
The partnership is set to enhance the convenience and flexibility of public transport ticketing. With the integration of Worldpay’s advanced payment technology, passengers will be able to make contactless payments for their tickets using their preferred payment method, such as credit or debit cards, mobile wallets, or wearable devices. This eliminates the need for physical tickets, significantly streamlining the ticketing process and reducing long queues at ticket vending machines.
In addition to improving the customer experience, this collaboration also benefits transport authorities. The partnership enables transport agencies to gain valuable insights into passenger behavior and preferences, facilitating data-driven decision-making and optimizing operational efficiency. The integration of Masabi’s leading ticketing platform with Worldpay’s payment capabilities forms a comprehensive solution that benefits both passengers and transit agencies alike.
Commenting on the partnership, Brian Zanghi, CEO of Masabi, said, “We are thrilled to partner with Worldpay from FIS to deliver next-generation mobile ticketing and payment solutions to transport agencies worldwide. By combining Masabi’s cutting-edge technology with Worldpay’s global payments expertise, we are reimagining how people pay for public transport, making it faster, easier, and more convenient than ever before.”
The collaboration between Masabi and Worldpay from FIS represents a major leap forward in the evolution of public transport ticketing. With a shared vision to transform the passenger experience and improve operational efficiency for transport agencies, this partnership marks a significant milestone in the increasingly digitized and interconnected world of transportation.
Image source: Masabi