Article Highlights

Key Takeaway:

The new service is the first nationwide launch of mobile ticketing in the Moovit app in any country. Intel acquired Moovit for nearly US$1 billion earlier this year to help it accelerate development of its Mobileye mobility technology unit.

Key Data:

Moovit bills itself as the world’s largest urban mobility app, with tens of millions of users in more than 3,000 cities globally.

Organizations Mentioned:

• Isracard
• HopOn
Token Transit
• Ferrovial

Israel this week (December) launched a nationwide mobile-ticketing system, enabling riders to pay for trips on buses and later on railways, with the charges assessed at the end of each month.

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