Published June 5, 2026Conducted May 25, 2026
Tracsis: Tap Converter Contract & Multi Modal Optionality
inpractise.com/articles/tracsis-contactless-pay-as-you-go-penetration-and-gbr-contract-runway
Executive Bio
Executive Profile Hidden
Summary
Subscribe to access hundreds of interviews and primary research
Or contact sales for full access
Interview Transcript
Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.
This is a snippet of the transcript.to get full access.
Did you interact with Chris Barnes back then?
You've got two Delay Repay companies. One backs off the other. You've got the TTCS and you've got the smartREPAY system. 90% of all the railway companies use their Delay Repay. Then you get the transactional amount from that. If you then take the companies out there at the moment in the UK that use their service, you've got Transport for Wales. They're doing roughly 2 million tap-and-go transactions per year, I believe. You've got ScotRail, Merseyrail, the ITSO scheme, and then that's going EMV. You've got TFW, GWR, Greater Western Railway, GTR. iBlocks already had a lot of the market.
This is a snippet of the transcript.to get full access.
Because the fare system is complex, right?
And then you have to go through and you have to sort out. Now, our argument's always been, they've always said, oh, we need to do the fare structure, we need to change the tickets, we need to do this. Our argument has always been you don't need to change anything. All you need is a calculation engine through those to say this is the cheapest available fare at that time. And then cut down the tickets in the future.
Free Sample of 50+ Interviews
Sign up to test our content quality with a free sample of 50+ interviews.
Or contact sales for full access
Related Content
© 2026 In Practise. All rights reserved. This material is for informational purposes only and should not be considered as investment advice.
