Global Leader in Mobile Ticketing Partnering with Mastercard, UniCredit Bank and STB to Simplify Transport in Romanian Capital
Masabi, the company bringing Fare Payments-as-a-Service to public transport, today announced that it has launched the BPay mobile ticketing app for Societatea de Transport Bucuresti (STB) across the Romanian capital city, working in conjunction with its partners Mastercard and UniCredit Bank. The app is available for download from both the Apple App Store and Google Play.
The multi-lingual BPay app allows for cashless travel on Urban, Express, Regional and City Bus Tour routes with daily, weekly, fortnightly and monthly tickets all offered. „The app removes the need for passengers to have the correct change to travel and also includes access to trip planning services.”, according to the press release.
“With the launch of BPay, traveling in Bucharest has never been so easy,” said Mr. Andrei George Creci, General Manager of STB. “Masabi’s Justride technology has been deployment-proven in cities across the world, and offers innovative technology that provides operational benefits as well as simplifying the transport experience for our passengers. We have been delighted with the rollout process to date, and look forward to continuing to work with the Masabi team.”
On target to exceed $1bn in annual transport ticketing sales over the coming year, Masabi’s Justride is the world’s leading and most widely deployed mobile ticketing platform and removes the need for passengers to wait in line to buy a ticket.
Masabi is bringing Fare Payments-as-a-Service to public transport agencies of all sizes around the globe. With over seventy agencies of all sizes across thirteen countries signed up, Masabi’s Justride is the world’s leading fare payments platform.
Masabi has offices in New York, Denver, London and Cluj, and investors include Mastercard and Keolis.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
