Article Highlights
Switzerland-based Fairtiq, one of the key suppliers of GPS-based, pay-as-you-go mobile ticketing globally, including for Denmark’s much-watched national ticketing app, is losing one of its flagship contracts in its home base. Fairtiq contends the loss of the project, for Swiss Federal Railways–which accounts for around one-third of the daily transactions processed by its platform–won’t “compromise operational stability or long-term strategy.”
SBB sold tickets for at least 80,000 trips per day early last year through EasyRide and Fairtiq. That alone would represent the loss of one-third of Fairtiq’s 250,000 daily transactions. The share could be higher today. And SBB said early last year that it expects EasyRide ticket sales to at least double by 2030.
• Swiss Federal Railways
• Fairtiq
• Axon Vibe
• Scheidt & Bachmann
• RKRP (Denmark)
• Deutsche Bahn
Fairtiq, the technology supplier behind Denmark’s much-watched national ticketing app, told Mobility Payments this week that the loss of a major contract for a similar service it’s enabled for years in Switzerland, while “naturally a challenge,” would not “compromise our operational stability or long-term strategy.”
Switzerland-based Fairtiq has long touted its contract with Swiss Federal Railways, or SBB, providing the white-label EasyRide feature in the much-used SBB Mobile app.
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