Fare Payment as a Service provider Masabi has finalised an investment from Shell. It says the deal will help to support global growth of the Justride platform.
Masabi currently processes more than $1bn in annual transport ticketing sales.
It continues to add features and functionality to the Justride platform. In its latest iteration it allows passengers to tap a bank card, phone or smartcard to ride.
Shell says the reason for its investment is a recognition of a need to transition car drivers to becoming public transport users.