And at the same time materially increase operator patronage and margins, whilst reducing payment and ticketing costs by 40% or more
For modern cities to thrive, we need accessible transport that makes it easier for people to move from one place to another. But outdated hardware and systems are holding operators back from delivering the kind of seamless experience that today’s travellers expect. That’s why tikpay isn’t another transaction platform; it’s a native account-based enabler of seamless fare payments, however, whenever and wherever travellers choose to pay.
Purchase Pay Before, Pay Now & Pay Later tickets using cards, accounts, and even cash
Always receive the best fare when using tap-to-travel for Pay Later tickets
Group accounts enable families, employers and agencies to easily fund traveller tickets
Concession pricing is automatically applied for non-cash payments
Tap-to-travel with payment cards, transit cards and QR, including on phones/wearables
Multi-modal and multi-operator tickets reduce friction and increase convenience
All the features of a next generation ticketing solution in a single platform
Multi-modal and multi-operator tickets readily supported by the back-office
Comparable pricing for a superior ticketing solution that future-proofs your business
Faster onboarding through reduced driver interaction and cash handling
Increased patronage through improved ticketing and payment experiences
Enhanced data and traveller communications enables direct traveller engagement
We’ve re-imagined mobility, making it easier for people to move through cities and connect with communities.
Accepts taps (on & off) from travellers, checks if the card is on the deny or decline lists, allows or blocks the traveller, and then sends the tap and trip metadata to the tikpay back-office.
Matches taps to create trips, determines the nominal trip fare, applies any concessions, discounts or caps, and then aggregates those trips into a single payment.
Secures credential data, checks credentials against lists (e.g. lost/stolen, insufficient funds, low balance or expired product) and manages risk by creating a score for every transaction.
Orchestrates payment authorisations and clearings (taking risk and rules into consideration), reconciles payment settlements, and optimises debt recovery.
Captures credentials and funding sources, stores trip and purchase information, records concessions, discounts and groups, and keeps customers updated with messages and alerts.
Determines revenue share for each operator where multiple operators are used, updates the account ledger, and orchestrates settlement payments at an agreed frequency.
As we introduce tikpay to new operators, we're onboarding limited partners at a time. If you're curious about how tikpay could work for you, or you’d like to know more about supporting our growth, reach out to start the conversation.