Ticketclever

Last updated

Ticketclever
IndustryTravel
Founded2016 (2016)
Headquarters Oxford, England
Number of locations
Oxford, London, Cape Town
Area served
United Kingdom
Key people
Jeremy Acklam (CEO)
Servicestrain tickets
OwnerGlobal Travel Ventures
Website www.ticketclever.com

Ticketclever (styled as ticketclever) was an online retail website/online shopping for train tickets for services in the United Kingdom. Ticketclever created an algorithm that sought numerous ticket combinations from the hundred of millions of different route combinations and packages them together for a given journey. [1]

Contents

Ticketclever was based in Oxford with offices in London and Cape Town. [2]

History

Global Travel Ventures Ltd. (GTV) has been developing TicketClever (initially called FareMaster) since 2014. Ticketclever.com was launched in January 2017. [3] Jeremy Acklam, previously from Trainline was the co-founder and CEO. In March 2017, ticketclever announced they were partnering with the charity St John Ambulance, where you can donate an amount to the charity once you purchase a train ticket. GTV sold a 20% stake of the company to train operating company Stagecoach Group in June 2017.[ citation needed ] Account-based version of ticketclever - also known as MultiPass - was conceived and developed by TEDIPAY (UK) Ltd, headed by its Founder and CEO, Alexander Peschkoff.

Algorithm

Ticketclever try to use analytics and data science to try and find the lowest price. [4] Ticketclever employed three Oxford University alumni, two with Doctor of Philosophy in Particle Physics, one with a Doctor of Philosophy in Engineering Science to create an algorithm that filters data sets from the Rail Delivery Group, which represent 25 train operating companies in Great Britain that are responsible for running trains and setting the price of the fares. ticketclever uses this algorithm to find multi-ticket fare deals on Great Britain’s railway network.

Refunds

Ticketclever is able to issue refunds in accordance with the National Rail Conditions of Travel if the circumstances allow for a refund. The eligibility to change or cancel tickets varies depending on the type of ticket purchased. [5] Companies can choose to charge an administration fee of up to £10 according to the National Rail Conditions of Carriage for refunds. [6]

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References

  1. "ticketclever the way to put rail fares back on track". The Guardian . 4 February 2017.
  2. "ticketclever offices". Globaltravelventures.
  3. "Check this fare splitting website before you buy a ticket". Metro. 31 January 2017.
  4. May, Kevin (17 March 2017). "ticketclever gets smart with train travel". Phocuswire .
  5. "Ticketclever - Under Maintenance". www.ticketclever.com.
  6. "National Rail Conditions of Carriage 1st October 2016" (PDF).