Masabi

Survey Says: Riders Value Convenience Most

A survey conducted by FPaaS (Fare Payments-as-a-Service) provider Masabi says that more than 40% of Americans are combining public transit with ridesharing, and primarily value convenience when deciding whether or not to use public transportation. Masabi conducted the online survey in the fall of 2019 with a group of more than 2,500 U.S. residents across different age categories, geographies and gender. Mot all respondents had access to public transit services, “so much of the data is based on the responses of the 500 U.S. residents for whom public transportation is an available option,” the company noted.

Oil and Gas Conglomerate Invests in Masabi—and Public Transportation

Masabi, a global developer of FPaaS (Fare Payments-as-a-Service) for public transport, on Feb. 6 announced that it has finalized an investment from Shell, among the world’s largest oil and gas companies. “This investment will help support the global expansion of Masabi’s Justride platform, which is bringing cutting-edge ticketing technology and enabling Mobility-as-a-Service (MaaS) for public transport operators and authorities of all sizes around the globe,” the company said. Masabi and Shell did not disclose the terms of the investment.