Axis Mobfintech offers a Banking as a Service (BaaS) platform for urban mobility, enabling digital account and card issuance for contactless EMV payments. Our PCI DSS certified solution integrates with transit ticketing systems, providing a unified payment experience for commuters and mobility operators.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional urban mobility payment systems often require separate transit cards or cash, creating friction for users and limiting payment flexibility. This fragmented approach hinders seamless integration of payment into the daily commute and restricts the adoption of innovative ticketing solutions.
Solution
Axis Mobfintech provides a comprehensive Banking as a Service (BaaS) platform tailored for the urban mobility sector. Our solution enables digital account and financial card issuance, facilitating contactless EMV payments via physical cards, smartphones, and other connected devices. We offer a flexible, interoperable architecture designed to support ticketing and payment innovations within public transportation networks. This allows for a unified payment experience, where users can leverage their digital accounts for transit fares and other financial transactions.
Target Audience
Our primary customers are urban mobility operators, transit authorities, and fintech companies seeking to integrate advanced payment solutions into their transportation services.
Features
- Digital account and financial card issuance capabilities for mobility payments.
- Support for contactless EMV transactions across various form factors including cards and mobile devices.
- Flexible architecture designed for integration with diverse ticketing and payment systems.
- PCI DSS certified platform ensuring secure transaction processing.
- Compliance with major card network rules and regulations.
- White-label solutions for seamless deployment by mobility operators.
- Gateway services for mobility transactions, referred to as Axis Go Cloud.