VeriFone drives transportation payment system in Turkey
31 July, 2008
category: Contactless, Financial, Transit
VeriFone Holdings has developed an EMV-certified integrated transportation payment system in conjunction with Bank Asya of Turkey that is being used on buses in the city of Kahramanmaras.
The system was designed to enable municipalities to transition their bus systems from cash to bank cards and credit cards. VeriFone designed an integrated solution that accepts payment by EMV cards and utilizes contactless technology.
The payment system integrates VeriFone’s passenger-facing MX870 multimedia payment system, QX110 contactless reader, as well as cellular GPRS for mobile communications and WiFi modem. The bank’s system is designed to integrate toll and transit functions with6 contactless cards to leverage the Kahramanmaras Public Transportation Project, a municipal initiative in Eastern Turkey.
Bank Asya will issue payment cards for the system and MasterCard PayPass contactless cards that will speed up passenger payment. MasterCard and Bank Asya recently launched Asyacard DIT, a multi-application chip and PIN card that combines MasterCard EMV OneSmart features with an integrated municipal toll and transit application as well as contactless technology.
In addition to paying for bus fares, AsyaCard DIT owners can use their cards for tolls on motorways and bridges, including the two bridges over the Bosphorus Straight in Istanbul that connects Europe and Asia.