SC Soft announces win in the US market, expands reach in the transit segment

Anaheim Transportation Network (ATN) has selected SC Soft Americas LLP (SC Soft), an Aurionpro subsidiary, to design and deliver a new contactless open payment solution for their public transit fleet. ATN's objective in implementing contactless payment system is to supplement the existing digital ticketing system with an open payment solution, thus providing a greater fare payment flexibility to residents, visitors, and employees throughout their service area.

The solution includes SC Soft's SCV500 Payment Acceptance devices, cloud-based automatic fare collection software, and the new state-of-the-art SC Soft multi-passenger and discount solution. SC Soft will provide this Software as a Service (SaaS) solution to ATN for the next five years.

SC Soft's multi-passenger solution

This new solution provides convenience to those riding together by enabling multiple passengers to board together while using a single tap to pay for the ride. Passengers will be able to board together and pay for everyone's fares use a single transaction, a single tap.

Anaheim Regional Transportation (ART), a division of ATN, is a fixed and on-demand public transportation system operating throughout the Anaheim region. Every year, over 10 million residents, visitors, and employees use ART to connect with employment hubs, transit connections, and local destinations in the region.

Sanjay Bali, CEO - SC Soft said: "This prestigious win is part of the California Integrated Travel Project (Cal-ITP), announced last year. We are thankful to the ATN, a transport agency in California, for giving us this opportunity to present our specialized solution. This further strengthens our position in the market and will broaden our engagements with transport agencies in the region."

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 346.00 as compared to the previous close of Rs. 353.20. The total number of shares traded during the day was 4078 in over 686 trades.

The stock hit an intraday high of Rs. 356.10 and intraday low of 344.00. The net turnover during the day was Rs. 1424976.00.

Source : Equity Bulls

Keywords

AurionproSolutions INE132H01018 SCSoftAmericasLLP ContactlessOpenPaymentSolution OrderWin AnaheimTransportationNetwork