Contactless Smart Cards, RFID, Payment, Transit and Security

VeriFone, Sprint partner with New York taxis

Tuesday, September 16, 2008

Spring and Verifone have teamed up to develop a system for New York taxis that give travelers the ability to pay with a credit card, GPS-based location and mapping, weather updates, national and New York City entertainment and city news

This partnership has resulted in equipping 6,600 NYC taxis with a real-time integrated payment and information system, powered by Sprint Mobile Broadband and Sprint Data Link to ensure secure credit card transactions.


The system features a Passenger Information Monitor with a 10.4-inch touch screen that enables passengers to review the fare, add a tip and pay by swiping a credit card through a reader or using “tap and go” contactless payment.

The system includes programming from several providers, including WABC-TV’s local news, AccuWeather, Reuters Business News, People.com, Disney Broadway, Zagat Survey and PMbuzz.com. It also features a GPS component that helps passengers quickly recover items accidentally left in cabs. Sprint and VTS plan to deliver a similar solution to taxis in Philadelphia, Chicago and Las Vegas. [end] 

VeriFone Systems has revealed a new counter top payment terminal that accepts magnetic stripe, EMV chip, contactless card and NFC mobile transactions.

According to VeriFone, the “H5000” is designed to succeed the Artema Hybrid terminal from Hypercom, which Verifone acquired in August. The device features one card reader slot that accommodates all card types - EMV chip, contactless and magnetic stripe - and an integrated NFC reader for mobile payments and value added services. Other features include a PIN pad, color screen, 32-bit ARM11 400MHz processor, graphical user interface and optional printer.

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Sprint Nextel has announced that it will make NFC a standard feature on Long Term Evolution (LTE) smart phones, reports Light Reading Mobile.

Sprint, a launch partner of Google Wallet, told LR Mobile that they will include NFC chips in all LTE smart phones, excluding free phones and low end models, in order to “aggressively promote contactless technology.”

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Payment terminal provider VeriFone Systems is riding out the European debt crisis with positive numbers for the fourth quarter, all while rapidly rolling out payment terminal installations in Latin America, reports American Banker.

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VeriFone Systems has completed its acquisition of Point, Northern Europe’s largest provider of payment and gateway services and solutions for retailers.

According to VeriFone, Stockholm-based Point has operations in 11 European countries and serves a network encompassing nearly 475,000 merchant contracts. Through this network, Point offers retailers a range of multi-channel services and solutions, including point-of-sale technology and support, gateway services, card encryption services, and e-commerce processing.

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VeriFone Systems has announced the acquisition of Global Bay Mobile Technologies in order to expand its mobile retail offerings.

VeriFone, a supplier of point of sale equipment, says the acquisition is the latest development in their strategy to bring new smart phone and tablet-based shopping and payment experiences to retail organizations. Terms of the transaction, which closed effective immediately, were not disclosed.

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Global apparel brand GUESS Inc. has implemented the VeriFone GlobalBay retailing solution inside a dozen or more of its U.S. outlets, engaging in-store shoppers with interactive kiosks to enhance the overall shopping experience and generate additional sales.

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