Team TransitEase. MRTicket Pro: Streamlining Ticket Purchasing for MRT Commuters.
[Audio] About the Team Who are your team members? What are their roles in your innovation/company? Please also include concise and short background information on their experience in their chosen industry..
Idea and Company Name: Team TransitEase Product: MRTicket Pro One-liner: MRTicket Pro streamlines ticket purchasing and beep card management for MRT commuters, reducing queue times and enhancing convenience..
Efficiency: Enhance commuting experience by automating and expediting ticket purchasing. User Convenience: Seamless and easy-to-use interface for tickets and beep card reloading. Reliability: Highly reliable and secure system with accurate cash handling and balance updates. Accessibility: Caters to daily commuters, tourists, and students. Innovation: Continuously improving system with latest technological advancements..
Startup Description: MRTicket Pro develops automated ticket vending machines for MRT systems. Problem Being Solved: Long queues and inconvenience in purchasing tickets and reloading beep cards. Challenge: Streamlining and automating ticket purchasing and beep card reloading processes. Proposed Solution: Advanced vending machines for service selection, destination specification, payments, and beep card loading. Product Description: Buy single journey tickets and reload beep cards quickly with efficient cash verification and balance updates..
Market Opportunity: Addressing a large market with heavy reliance on public transportation in Metro Manila. Target Market: Daily commuters, tourists, and students. Business Model: Revenue through transaction fees, advertising, and data analytics..