PayiQ partners with SUSE for its mobile ticketing platform

The mobile ticketing market reached US$ 1.2 Bn in 2019 and was anticipated (before Covid-19) to exhibit an impressive CAGR of 17% during the forecast period of 2020 to 2030. Adoption of mobile ticketing systems and apps to drive ticket sales, reduce reliance on printed paper and plastic tickets, and to encourage digitization and cashless payments are all aiding the growth of the mobile ticketing market. The transportation and event sectors will lead the way in terms of sales through 2030, thereby pushing the growth of the global mobile ticketing market in a big way. (Source: www.persistentmarketresearch.com)

In this flourishing market, PayiQ, an account-based multimodal mobile ticketing platform for transport operators and city event organizers, chose SUSE as a back-end to run its platform in the cloud. PayiQ is a Finland-based company created in 2014 with offices in Stockholm and Moscow and is now pursuing a more global approach seeking opportunities worldwide.

PayiQ’s Ticketing as a Service platform (TaaS®) is a cloud-based service for mobile ticketing, payment and validation solutions, which is now certified on SLES 15. The solutions provide end-users a seamless way to travel from door-to-door and a freedom to combine various means of transport and services under one transaction using their mobile phones. At the core of the platform is an intelligent fraud prevention engine that detects potential risks in real-time so they can be tracked and prevented. It offers a flexible mobile payment system that supports all common payment methods.

PayiQ Ticketing as a Service (TaaS®) is both a cost-effective and fast time-to-market solution. The online cloud solution makes it scalable and easy to grow with regardless of operator size. The Ticketing as a Service solution can easily be integrated into a third-party system with the API.

PayiQ develops the award-winning account-based Ticketing as a Service platform PayiQ TaaS®. It enables smart cities, MaaS and transport operators and event organizers to sell tickets through mobile devices and validate them. Tickets can be bundled into multimodal trips or experiences combining transport, events, and services. The platform also gathers data on usage and movement on behalf of the service provider to be used to improve customer experience and process efficiency. PayiQ is leading the way to a smarter and more user-friendly world of transportation.

Interested to know more? Please contact:

Tuomo Parjanen – CEO
+358 500 528 295
tuomo.parjanen@payiq.net

Visit PayiQ website for additional information