September 10, 2014 | HopOn, the smart mobile payment platform for public transportation, will now allow bike renters in Tel Aviv to pay for their rental using their smartphones. The company signed a cooperation agreement with FSM, the company responsible for the TelOFun city bike rentals in Tel Aviv. Within a number of weeks, those that want to rent a bike will be able to pay for their rental and release the locked bike using the HopOn application. In addition, as part of the cooperation, the companies will release a joint service that allows travelers to pay for their bus rides and bike rentals through a special combined package. HopOn is an Israeli application founded in 2012 as a solution for making public transportation payments more efficient.