29 January
2025
Tracsis plc
("Tracsis" or "the Group")
ScotRail expands availability
of Tap&Pay smart ticketing app
Tracsis (LSE: TRCS), a leading
transport technology provider, is pleased to announce that
following the successful completion of a six-month pilot,
ScotRail is expanding the availability of its
Tracsis-developed pay-as-you-go ticketing app to transform the way
its customers travel.
The "Tap&Pay" app allows
customers to experience the convenience of seamless, best value
fare rail travel without the need to buy tickets in advance. It is
now available for download in app stores, for travel initially in
the Strathclyde area and routes between Strathclyde and Edinburgh.
If successful, ScotRail will look to roll the app out more widely
across its network.
The app utilises Tracsis' Hopsta
platform to enable easy, ticket-free, pay-as-you-go
travel. This technology uses location mapping to identify the
origin and destination station, generates a single-use barcode that
can be scanned at ticket gates and on mobile devices, and
automatically calculates and charges the best available fare based
on the journey made and time of travel. Customers making
multiple trips on the same route over a week will never pay more
than the cost of a weekly season ticket.
Tracsis' pay-as-you-go smart
ticketing technology has been deployed on a standalone basis with
multiple train operators across the UK. To date, over 30 million
customer journeys have been processed using a mix of ITSO smartcard
and contactless bankcard transactions. The Hopsta platform that
enables the Tap&Pay app was developed by Tracsis through
R&D investment and now places best value fare pay-as-you-go
directly in the hands of the consumer. Tracsis earns a commission
on each ticket sold through the Tap&Pay app. This is not
expected to be a material contribution to FY25 revenue as this
technology moves through its early adoption phase with
customers.
Chris Barnes, Chief Executive Officer of Tracsis,
commented:
"We are delighted to be working in partnership with ScotRail
to expand the availability of its pay-as-you-go
ticketing app
which will deliver greater consumer choice and a best price
guarantee without the need to pre-purchase a ticket. Tracsis has a
long track record of working with the rail industry to deliver
innovative technology solutions and this is reflected in the recent
nomination of the Tap&Pay app for 'Ticketing Technology of the
Year' at Transport Ticketing Global 2025."
Claire Dickie, Commercial Director for ScotRail,
commented:
"ScotRail is committed to improving the travel experience for
our customers, and the launch of our new Tap&Pay app will make
rail travel even more convenient for customers across large parts
of the central belt. The Tap&Pay app provides a smarter,
more convenient way to travel, ensuring customers have a seamless
travel experience and receive the best value fare for their
journeys. We are excited to offer more customers the chance to
travel without the need to pre-purchase tickets in this next phase
of the trial."
Enquiries:
Tracsis plc
Chris Barnes, CEO
Andy Kelly, CFO
|
+44 (0)845 125 9162
|
Berenberg (Nominated Adviser, Corporate Broker & Financial
Adviser)
Mark Whitmore / Richard Andrews /
Mollie D'Arcy Rice
James Thompson (QE)
|
+44 (0)20 3207 7800
|
Alma
Strategic Communications David
Ison / Rebecca Sanders-Hewett / Joe Pederzolli
|
+44 (0)20 3405 0205
tracsis@almastrategic.com
|
Notes to editors:
· Tracsis plc is a technology company and a leading provider of
software and hardware products, data capture and data analytics/GIS
services for the rail, traffic data and wider transport
industries.
· Tracsis's products and services are widely used to increase
efficiency, reduce cost and risk, improve operational and asset
performance, improve safety management and decision making
capabilities and improve the overall end-user experience for
clients and customers.
· The
Group is split into two principal operating areas built around
detailed industry knowledge and expertise:
- Rail Technology &
Services: A software, technology and product led business. It develops
and supplies software that solves complex resource, asset
optimisation and control problems for Train Operators, and smart
ticketing, delay repay and other retail software to improve the
customer experience for rail users. It also develops remote
condition monitoring hardware, data acquisition software, and
safety and risk management software for rail infrastructure
providers.
- Data, Analytics, Consultancy
& Events: A largely services led
business that focuses on data capture, data analytics, GIS, earth
observation, data insights, consultancy and event traffic
management within a range of transport and pedestrian rich
environments. The business provides technology and bespoke
products and data that underpin large scale intelligent transport
systems, smart city planning and positive environmental decision
making.
· Tracsis has a blue-chip client base which includes all major
UK transport owning groups, Network Rail, Passenger and Freight
Train Operating Companies, the Department for Transport, TfL,
multiple local authorities, major outdoor music and sporting event
organisers, and a wide variety of large engineering and
infrastructure companies. In North America our clients include
Class 1 rail freight companies, transit operators, shortline
railroads and several large rail served ports and
industrials.
· The
business drives growth both organically and through acquisition and
has made seventeen acquisitions since 2008.
For more information on Tracsis
please visit http://www.tracsis.com