More than 1.3 million top-up-to-use transactions are recorded every day in Panama metrobús card, Rapipass card and contactless cards or mobile devices, According to the results he presented company SONDA, financial manager Integrated urban public transport system in Panama.
Panamanians are canceling services metro, metrobus and Albrook Transportation Terminal via supplementary card, with special benefits for students, pensioners and people with disabilities.
SODA has been operating in Panama for more than 10 years, during which it has managed to raise more than $951 million for shipping operators, with more than 539 million replenishment transactions, according to the company.
Last year, he was the financial manager at Integrated system of city public transport posted record collection figures with more than 62 million top-up transactions and more than 369 million boardings or uses with operators Metro de Panama, MiBus and the Grand National Transport Terminal Albrook. This data shows an average of more than 1.3 million daily transactions, between top-ups and usage, through the platform.
PROBE It reached $115 million in revenue in 2023 with significant growth in the use of the Integrated Transport System across all operators.
In this way, the Panamanian metro surpassed its record from 2019, when Line 2 was opened, now with more than 219 million trips, which represents a growth of more than 50% compared to 2022.
Use VISA and Mastercard contactless cards It also reported a recovery in all its modalities of any financial institution or Fintech, which closed its first year with almost 1.8 million trips and an average monthly growth of more than 20%.
“It fills us with emotion and pride to see the impact that our contribution to the country has had through the various innovations that we at SONDA have managed to incorporate into the daily lives of Panamanians,” he commented. Víctor Betancourt, General Manager of SONDA in Panama.
The commitment extends from the digitization of government procedures to the optimization of mobility in public transport, aimed at continuously improving the quality of life of citizens, innovation and adding value through its various technological solutions, according to the company’s press release.
Since the beginning of the contract in 2011, as a financial administrator in Integrated system of city public transportSONDA recorded more than 3 billion trips on its platform; This shows the positive effect of strategic alliances between the public and private sectors to promote the economic development of the country.
Looking to the future, SONDA is committed to developing what it calls “Transportation 4.0” in Panama, with the vision of supporting the city’s transformation into a “Smart City” model for Latin America.
This initiative seeks to continue introducing innovations that facilitate the integration of public transport with the new generation of digital payments as well as real-time information systems for the benefit of both operators and users.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
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