Objectives
STIB (Société des Transports intercommunaux de Bruxelles) organises public transportation in Brussels, Belgium. When COVID-19 came along, public transportation was highly discouraged for safety reasons, people worked from home.
The result? STIB's usage dropped 80% for weeks. This drop had 2 major financial consequences. 1) STIB misses out on a lot of revenue. 2) Many travelers have a fixed subscription. If they start reimbursing their money, STIB could have a major cashflow problem. We by all means had to prevent that. To give you an idea: in a normal year (2019), STIB spent over €2,200,000 reimbursing almost 9,000 customers....