AUSTIN, Texas (BRAIN) — Spin, a San Francisco-based bike share company, is launching a new bike share system here that requires no kiosks, or stations. Riders — who can borrow a bike for $1 per ride — can pick up and leave a bike almost anywhere.

Spin said the stationless system has already been proven in China, and Spin has been running a limited beta test in San Francisco. The company plans to roll out 300-500 bikes in Austin eventually.

Users can find available bikes on their phone, scan one with their phone, and receive a code to unlock the bike. When they’re done, they can park it and scan it again to lock it up and save its location to the system.

by BRAIN Staff

Source:  Bicycle Retailer, March 2017