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 at least one-third of the daily transactions processed by its platform, perhaps more–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 at least one-third of Fairtiq’s 250,000 daily transactions. The share could be much 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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