Partnership Brings Combined Expertise in
Electronic Transit Payments
MARKHAM, ON, April 11, 2022 /PRNewswire/ -- Enghouse
Transportation, a unit of Enghouse Systems Limited (TSX:
ENGH) has partnered with electronic payment firm Switchio (a
division of Monet+) to expand its automated transit fare collection
offering.
Enghouse Transportation, an established provider of automated
fair collection transit software solutions in the Netherlands, Central Europe and Eastern Europe, is expanding into the North
American market.
"Our strategic cooperation with Switchio bolsters our ability to
deliver transit solutions in the United
States, Canada and other
markets," said Toofan Otaredian, Managing Director of Enghouse
Transportation.
"Switchio has unique strengths in its Smart Cities portfolio,
especially EMV card acceptance in public transit and parking.
Switchio also offers modular solutions that enable quick and
effortless EMV bank card payments for transit systems and
operators."
Switchio is headquartered in the Czech
Republic. The Company participated in the country's first
chip payment card systems. "We're very pleased to embark on
this new collaboration with Enghouse," said Switchio transport
business leader, Jaroslav Stuchlík. "We have already established a
presence in the Americas with a successful implementation in
Guatemala and another is currently
underway in Chile. We now look
forward to introducing our innovative digitalization solution to
the North American market."
About Enghouse
Transportation
Enghouse Transportation is an innovative provider of end-to-end
electronic ticketing technologies that also provides transit
agencies and operators with improved passenger experiences and
cost-cutting hardware and software solutions. Customized to 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, please visit
www.enghousetransportation.com.
About Switchio
Switchio is a powerful software platform that enables public
transit operators to manage multiple open-loop electronic payments
in a variety of ticketing modes under a single system. Delivered as
a comprehensive white-label solution for contactless passenger
ticketing, it brings operators substantial savings while elevating
the passenger experience to new levels of convenience. In addition
to transport, Switchio also has applications in sectors that
include retail, parking and petrol stations. At its core is a
secure payment switch that gives businesses the ability to partner
with the acquirer and hardware provider of their choice. For more
information, please visit Switchio.com.
Enghouse Transportation Contact: Debra Hendricks,
Sales/Marketing Coordinator, 905-489-0352,
Debra.hendricks@enghouse.com