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The developer of mobile ticketing technology for the transport sector Masabi announced that it has secured $2 million from m8 Capital to support commercial deployments of its mobile ticketing systems with UK rail companies and to expand operations into other geographies.
Masabi’s “Ticket Machine in your Pocket” technology is made to allow secure, usable ticket purchase and display on both the high-end smartphones and mass-market feature phones. The company is already working with several customers, including Atos Origin and thetrainline.com, and the first launches are due in the coming months.
Using a Masabi-powered system, commuters can use their phone to search, select and securely purchase tickets using a credit or debit card. Tickets can either be displayed on the phone’s screen via secure barcode technology, or traditional printed tickets can be picked up from the train station. Rail operators have already commenced the rollout of barcode scanners on trains and at stations, with several major routes expected to be fully covered by the end of the year.
And if you want to see how Masabi’s solution works in real-life, we have a demo video to share. Enjoy! 
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
