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moovel launches FareShare, a new transit benefits system

9th of April 2018
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moovel launches FareShare, a new transit benefits system

Designed as a simple way for riders to access transit benefits and reduced fares on mobile devices

Jacksonville, Fla.—To help transit agencies, employers and universities increase ridership and streamline ticketing, moovel announced Monday the launch of FareShare, a new system that will allow riders to access transit benefits, reduced fares and discounted tickets from their mobile devices.

FareShare streamlines the process of delivering transit benefits to riders and offers new opportunities to incentivize and promote transit use. The mobile app and online system eliminate the need to distribute and track physical transit passes, offering riders a better experience and reducing operational costs for transit agencies and their partners.

“Transit benefits and reduced fares are great ways to promote ridership, but we’ve heard from transit agencies, employers and universities that use plastic passes, ticket books and stickers that they can be a headache to manage and distribute,” said Nat Parker, moovel North America CEO. “By digitizing transit benefits, we have the opportunity to reduce administrative costs while improving the experience for riders. And as more transportation options are available at the touch of a screen, convenience is key.”

Transit agency officials and others attending the APTA Fare Collection/Revenue Management Conference in Jacksonville April 9-11, 2018 are invited to preview FareShare at moovel’s Innovation Hub, located at the Hyatt Regency.

A large portion of the transit population uses transit benefits, and FareShare offers riders a seamless way to claim rewards in a digital world. In addition to transit agencies, FareShare will be available to universities, employers and other organizations that offer transit benefits. Over time, retailers will also be able to use FareShare to offer customer incentives and drive foot traffic, while public officials will have access to better data to manage and improve transportation systems. Ultimately, FareShare will reduce monthly commuting expenses and delivers cost-savings by limiting the misuse of transportation benefits.

moovel CEO Nat Parker is available for interviews on how FareShare can increase ridership, improve engagement with riders, and streamline mobile ticketing for riders, transit agencies, and organizations. To schedule an interview, please contact Laura Modjeski at laura.modjeski@moovel.com.

Further information is available on the Internet:
www.moovel-group.com
moovel-transit.com/en/na/fareshare

moovel Group contacts:
Laura Modjeski
+1 971 506 9001
laura.modjeski@moovel.com

About moovel N.A.
moovel N.A. LLC, a part of moovel Group GmbH, enables seamless multimodal experiences and connected transit commerce through mobile applications. moovel is the leading North American provider of mobile ticketing applications that allow riders to book and pay for public transit tickets via their smartphone. In addition to Caltrain, moovel is the mobile ticketing provider for the San Francisco Municipal Transportation Agency and the Santa Clara Valley Transportation Authority. Led by CEO Nat Parker, moovel is headquartered in Portland, OR. For more information, please visit www.moovel-transit.com/en.

About moovel Group GmbH
moovel Group GmbH, a wholly owned subsidiary of Daimler AG, has made it its mission to simplify mobility in cities. It is working on an operating system for urban mobility that offers access to suitable mobility options and paves the way for a future with autonomous vehicles. moovel acts as a partner to cities, transport associations and customers. moovel is represented in the German market with the moovel app. The moovel mobility app combines local public transport, the carsharing provider car2go as well as mytaxi, rental bicycles and Deutsche Bahn. Most services can be booked and paid for simply and directly via the moovel app. With the moovel transit product portfolio, the moovel Group offers white label solutions for transport associations and companies around the world. In the USA, moovel North America, with moovel transit, is the market leader in mobile ticketing solutions for transport associations. moovel Flex Pilot is an on-demand ridesharing service by moovel Group, which is piloted on selected days in Stuttgart from December 2017 onwards.

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