init innovation in traffic systems SE
init innovation in traffic systems SE: Spokane Transit Authority partners with init for contactless fare management system
DGAP-News: init innovation in traffic systems SE
/ Key word(s): Miscellaneous/Contract
Spokane Transit Authority (STA) in the east of the US state Washington has selected init to implement an account-based and contactless fare system for the seven-city region the public transport provider services. The contract calls for a back-office revenue management system, contactless fare validators, and a mobile app from HanseCom, a wholly owned subsidiary of the init Group. This allows for one-stop services offered by init. For HanseCom, it is the first US contract. init will equip STA buses with 354 contactless fare validators and install another 33 fare validators at locations throughout the region. Once fully installed, the new fare system will enable all-door boarding and revolutionize Spokane’s transit customer experience by providing real-time account-management and fare processing, as well as the opportunity for customers to instantly add value to their account and use mobile devices to purchase tickets. Rollout of the core system will follow an aggressive 18-month timeline and is slated to coincide with the launch of the City Line, STA’s new Bus Rapid Transit line opening in May of 2022. STA is looking forward to having the new system live: “The customer experience improvements offered by init are an important part of Spokane Transit’s ongoing plan to make transit easier, more accessible and convenient than ever,” said Brandon Rapez-Betty, STA’s Director of Communications and Customer Service. “The power to manage transit fares online and by mobile device is now a common expectation, and we look to our partnership with init to meet it as soon as possible.” Contact: Person making the notification:Simone Fritz Investor Relations ir@initse.com
27.01.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | init innovation in traffic systems SE |
Käppelestraße 4-10 | |
76131 Karlsruhe | |
Germany | |
Phone: | +49 (0)721 6100 0 |
Fax: | +49 (0)721 6100 399 |
E-mail: | ir@initse.com |
Internet: | www.initse.com |
ISIN: | DE0005759807 |
WKN: | 575980 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1163576 |
End of News | DGAP News Service |