Industry News

Corethree aims to cut processing costs through Android Pay

UK-based mobile ticket provider and data specialist Corethree has now integrated Android Pay across its m-ticketing apps.

The new feature will streamline ticket payments for Android smartphone owners, who now only have to input credit or debit card details once before gaining unlimited use of the platform's ‘one-tap’ technology.

Corethree said that by utilising Android Pay, merchants and vendors can expect to see a substantial reduction in their cashless payment fees. It added that the addition of Android Pay will strengthen its ability to offer “secure and verifiable low costs of sale for processing transactions across all of its clients’ applications, and makes implementing the process of accepting mobile tickets all the more enticing for businesses and operators”.

“We receive continual feedback from our clients in the transport sector and we understand that the cost of card processing is one of their key financial focal points,” said Richard Kershaw, chief technology officer at Corethree.

“This represents our on-going commitment to promote new, innovative ways of reducing costs. We see this as a fundamental way to drive the growth of m-ticketing processing applications to increase customer adoption.”
 

Posted in Industry News