PayiQ ( iQ Payments Oy)

Smart City solution

PayiQ® Tickets is a mobile Ticketing-as-a-Service (TaaS) solution for smart cities, transport operators and event organizers. It allows to combine various tickets under one transaction and validation code supporting all the common digital payment methods. PayiQ provides consumers a seamless way to travel combining various means of transport and other services under one ticket and one transaction using their mobile phones.

The cloud based solution is built on top of a state-of-the-art fraud prevention system with proven track record – during the three years in production there has been no materialized fraud events. The solution is designed for global markets. It supports single registration in all cities and countries immediately upon downloading.

The company’s ambition

Smart transportation is one of the key elements in modern urban development. Mobility-as-a-Service and Ticketing-as-a-Service are rapidly emerging global megatrends influencing the future of Smart Cities. The need statements for different stakeholders:

  • Smart Cities: Increasing traffic jams, parking and pollution are problems that only smart transportation can solve.
  • Event Organizers: Services in events need hassle free logistics with cost efficient ticketing solution that is safe and secure for all parties involved.
  • Transport Operators: Growing competition in evolving transportation markets drives operators to rethink pricing dynamics, ticketing and payment processes and to adopt new technologies to increase customer satisfaction.

Mr. Tuomo Parjanen
back to top