Software solution will enable migration to open-loop fare
payments
MARKHAM, ON, March 2, 2022 /PRNewswire/ -- Enghouse
Systems (TSX: ENGH) today announced its Enghouse
Transportation unit has been selected by the California Department
of Transportation (Caltrans) to participate in the California
Integrated Travel Project (Cal-ITP), marking the firm's foray into
the U.S. Automated Fare Collection market.
Enghouse Transportation, an established provider of transit
software solutions in North
America, is expanding its offering with the mobile
ticketing/fare collection solution. The software is already well
positioned in this space within the
Netherlands, Central
Europe, and Eastern
Europe.
"Enghouse Transportation brings clear advantages to the table,"
said Toofan Otaredian, Managing Director, Enghouse Transportation.
"We have the agility to host multiple fare plans and business rules
associated with public transit agencies and operators, while our
software solution is hardware independent and can seamlessly
integrate with other systems. In addition, we offer a short
time-to-market implementation to get open-loop payment solutions up
and running in a cost-effective manner."
The California Department of General Services issued a Notice of
Intent to Award to Enghouse Transportation to provide software to
enable California transit users to
pay fares using an open-loop system. The architecture facilitates
the use of bank cards and mobile wallets, reducing and eventually
eliminating the need for fare cards.
Enghouse Transportation is one of four firms chosen to provide
the back-office solution in the Cal-ITP, which will allow more than
300 transit agencies to procure software solutions through its
Mobility Marketplace, which offers transit operators links to a
suite of pre-negotiated, code-compliant products. This simplified
and coordinated procurement process makes it easier for transit
agencies to adopt open-loop technologies.
The objectives of Cal-ITP include the following:
- An improved rider experience – Research has shown that
riders with access to real-time data can shave minutes off their
wait times and perceived wait times by as much as 30 percent.
Contactless payments make riding transit easier, particularly for
out-of-town riders and other users unfamiliar with the transit
system.
- More ridership – In London, the Underground saw a four
to five percent increase in ridership with the introduction of
open-loop payments and real-time arrival data. In Chicago and New
York, ridership increased two percent.
- Cost savings for transit providers – In Washington, D.C., the transit operator spends
ten cents per dollar on cash-based
fare collections compared to only four
cents per dollar on credit/debit card collections.
Through its European subsidiary Telexis Solutions, Enghouse
Transportation recently rolled out a contactless Eurocard,
Mastercard and Visa (EMV) payment solution in a launch for its
customer Transdev to replace the Dutch card-based payment scheme,
the so-called OV-Chipkaart. As a result of this launch, Telexis
Solutions has been extending its EMV solutions across the major
part of the Dutch transit vertical, i.e. to the entire Transdev
operations as well as that of multiple other transit operators.
Transdev is a major transit provider in the Netherlands, providing 400,000 trips per
day. Globally, Transdev operates 42,000 vehicles in 17 countries
and employs 83,000 people.
About Enghouse
Enghouse is a Canadian publicly traded company (TSX:ENGH) that
provides enterprise software solutions focusing on contact centers,
video communications, remote work, communications for next
generation software defined networks, public safety and the transit
market. The Company's two-pronged growth strategy focuses on
internal growth and acquisitions, which, to date, have been funded
through operating cash flows. The Company has no external debt
financing and is organized around two business segments: the
Interactive Management Group and the Asset Management Group.
Further information about Enghouse may be obtained from the
Company's website at www.enghouse.com.
About Enghouse Transportation
Enghouse Transportation is an innovative provider of end-to-end
electronic ticketing technologies. The unit also provides transit
agencies and operators with improved passenger experiences and
cost-cutting hardware and software solutions. Customized for the
needs of each client, Enghouse Transportation delivers expert
solutions in automated fare collection (AFC), sales and service,
and back-office systems. For more information visit
www.enghousetransportation.com
CONTACT : Sam Anidjar, Vice
President, Corporate
Development, 905-946-3200, investor@enghouse.com