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NJ Transit Upgrades Reduce Cash, Paper Ticket Usage

PYMNTS

New Jersey Transit announced it is planning to modernize its fare payment system through proposed upgrades that would reduce cash and paper-based tickets, and provide customers with quick, easy and convenient ways to pay. The current electronic ticketing through the NJ TRANSIT mobile app will continue to be used, upgraded and expanded.

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Watch 10 Fintech Startups Pitch at FIS Demo Day 2020 (April 14)

Fintech Labs Insights

Description : Platform for improving the collections process and customer experience. Description: Location-based mobile engagement system. HQ: Mumbai + Woodbridge, NJ. Metrics – 350 employees including 150 researchers and developers – 80+ customers in USA, EU, and India – 50% CAGR past 5 years. Website | LinkedIn.

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