tikpay

About

tikpay is an account-based back-office SaaS platform that unifies ticketing and payments across transport modes, stores customer accounts centrally, enables multi-operator products, revenue apportionment, and non-transport integrations.

Mission

tikpay provides an account-based back-office SaaS platform that unifies ticketing and payments across transport modes, storing customer information in the back office rather than on cards. The platform enables single back-office payments and ticketing, multi-operator products, revenue apportionment between operators, and integrations beyond transport (for example combining train tickets with event tickets). tikpay aims to reduce boarding friction, shorten boarding times, increase peak capacity, and enable more cost-effective products for operators. The company estimates it can lift travel revenue for operators by up to 20% while saving up to 40% in costs. tikpay has a developed enterprise sales funnel and is in progressed discussions to run pilots with multiple private and public transport operators. The founding team is led by CEO Michael Walters (30 years industry experience) with Belinda Ralston as Chief Product Officer and Simon O’Connor as CTO.

Quick Facts