VeriFone delivers contactless payment solution to London taxis
09 February, 2011
category: Contactless, Transit
VeriFone Systems has announced that its taxi card payment and digital media solutions are now available in London’s black cabs.
After a brief pilot conducted in December, VeriFone’s system is now offered free to all of London’s licensed black cabs, allowing passengers to pay contactlessly for taxi fares without having to hand their card over to the driver.
The system comprises a driver-side payment device with receipt printer, a fixed passenger-facing secure PIN entry device and a full color display screen for safety information, advertisements and streaming media. Card transactions are routed through VeriFone’s secure PAYware payment gateway and are settled to the driver’s account three times per week.
According to VeriFone, the system has been approved for TX model taxis by Transport for London’s Taxi and Private Hire and recruitment for drivers to use the system is underway.