November 1, 2017

PayiQ finds yet another friend in Russia

PayiQ's mobile ticket validation software will work with Social Sytems' ticket readers following the new partnership.
PayiQ's mobile ticket validation software will work with Social Sytems' ticket readers following the new partnership.
Screenshot/PayiQ

Finnish mobile payment solutions provider PayiQ has inked a partnership agreement with Russian manufacturer of automation technology Social Systems, to provide combined ticked validation solutions for the European and Russian transport markets.

The new partnership will see PayiQ’s ticket validation software integrated with Social Systems’ ticket readers.

“There’s demand for reliable and simple ticket readers that are fast to deploy and easy to use for customers,” says Pavel Bolshakov, CTO of Social Systems. “By combining our efficient devices and PayiQ’s innovative software our customers will get the best payment control system in the markets.”

News of PayiQ’s collaboration with Social Systems follows closely on the heels of another partnership PayiQ established with Russian systems integrator Lanit for co-operation on the mobile payment solutions and ticketing services market in Russia.

“For us this partnership is yet another step in our expansion to Russian and European markets,” comments PayiQ’s CEO Tuomo Parjanen regarding the latest development.

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