iQ Payments Oy

PayiQ’s New Service Unites Sustainability Goals and Commuter Benefit System

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PayiQ is launching a new service that brings together an effective way for companies to report on CO2 emissions and to administrate commuter benefits.

Companies face challenges in calculating CO2 emissions and promoting carbon-neutral mobility. Current methods often rely on manual efforts or external consultants, leading to inefficiencies and costs. PayiQ’s innovative system revolutionizes corporate sustainability reporting by combining commuter benefit management, precise CO2 emission calculation, and sustainable engagement.

PayiQ’s solution leverages advanced features, such as gamification and a state-of-the-art carbon footprint calculator. It relies on AI-driven technology that can automatically identify over 10 different transport modes, resulting in highly accurate CO2 emissions calculations for each mode of travel. This approach provides a significant advantage over traditional CO2 calculators in the market. In essence, PayiQ's multifaceted platform is set to transform the way companies offer commuter benefits and promote sustainable practices.

“In response to today's pressing megatrends, PayiQ has developed a unique solution that addresses critical sustainability challenges” says PayiQ’s CEO Elena Lipchenko. “It is the only solution in the market that not only reports the CO2 emissions, but also actively encourages to reduce them.”

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PayiQ supports companies and cities in their aim to become carbon neutral. PayiQ’s cloud-based mobile fare collection platform provides commuter benefit management system for companies and an easy way to pay for public transport. At the same time, it tracks the CO2 footprint of various mobility choices. PayiQ offers a gamification tool which helps nudge users towards carbon neutral mobility and living. PayiQ’s platform gathers valuable data on movement and public transport usage. This real-time data can be utilized to improve customer experience and meet evolving reporting needs of companies and cities.

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