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technology and payment trends in transportation tony saunders regional marketing director verifone

2. Who We Are. A leading global provider of technology that enables electronic payment transactions. DEPTH. Critical Technology at the POS. . . . . . . . . . ASSOCIATIONSCard Brands. . . ACQUIRERSBanks

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technology and payment trends in transportation tony saunders regional marketing director verifone

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    1. Technology and payment trends in Transportation

    2. 2

    4. Critical Technology at the POS

    5. Payments Value Chain Preference declines, due to Visa preference OR payment system security issues Steering surges Authentication alternatives emerge Horizontal Integration disintermediates Visa Network competition intensifies Differentiation requires customization Preference declines, due to Visa preference OR payment system security issues Steering surges Authentication alternatives emerge Horizontal Integration disintermediates Visa Network competition intensifies Differentiation requires customization

    6. VeriFone Solutions Building Blocks

    7. Transportation Systems: From Cash to Cards to?

    8. The Catalyst for Contactless Public Transportation New York City = 8 million passengers a day on the subway & bus network Paris Metro & RER network - 1.9 billion passengers annually

    9. City Card London = 60% of all journeys are made using Oyster card = 5 million users Hong Kong = 95% of the population uses the Octopus card10 million Octopus transactions are processed every day = $70M daily The Catalyst for Contactless

    10. Revenue New York cabs accept $1.5 billion in fares each year New York City Transit has a $2.5 billion annual budget Over 50% of all mass transit & taxi fares are paid with cash Global transportation fare revenues $75 billion per year A healthy incentive to get involved in contactless The Catalyst for Contactless

    11. Context – Mobile Handset History

    12. Early Adopter Snapshot Meanwhile Generation X is 57 million Meanwhile Generation X is 57 million

    13. Access to An Unrivaled Portfolio

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    15. Municipalities and local transit authorities across Turkey are migrating public transportation systems to electronic payments Systems are based on secured contactless solutions, using cards issued by Turkish banks VeriFone partnered with Bank Asya to roll out such as solution for fare collection in busses using MasterCard PayPass contactless cards The solution was implemented initially in the city of Kahramanmaras in South-East Turkey, with similar projects now being implemented in additional cities in Turkey Besides busses, the Bank Asya card is also used for payments in Tolls motorways Bridges, including over the Bosporus Straight Municipalities and local transit authorities across Turkey are migrating public transportation systems to electronic payments Systems are based on secured contactless solutions, using cards issued by Turkish banks VeriFone partnered with Bank Asya to roll out such as solution for fare collection in busses using MasterCard PayPass contactless cards The solution was implemented initially in the city of Kahramanmaras in South-East Turkey, with similar projects now being implemented in additional cities in Turkey Besides busses, the Bank Asya card is also used for payments in Tolls motorways Bridges, including over the Bosporus Straight

    16. MXK Payment Kiosk for transportation

    17. VeriFone transportation backoffice system

    18. Rail ticketing solutions

    20. Payment Screens # 1: At end of journey, driver “Times Off” meter and passenger is prompted to Select A Payment Type.

    21. Payment Screens # 2: If passenger selects Credit Card they are prompted to add a tip.

    22. Payment Screens # 3 - Passenger is then asked to swipe credit card or if card is new contactless type they tap reader.

    23. Payment Screens # 4 - The passenger is notified that the credit card transaction has been approved. This usually takes approximately 3 seconds. Meter prints out receipt.

    25. Taxi implementation in Turkey Taxi Project Antalya 500 taxis Q109 (delivered) Istanbul 500 taxis Q209 Airport & Hotel taxies in this stage Professional screen designs Advertisement & content management agency

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