Point of sale for transportation industry
Cashless Payment Technology (CPT) has penetrated in all verticals and one of them being transportation.
CPT is ideal for transportation as it saves considerable time any money and is very convenient for both
operators and their customers. Operators of public transport now offer far more efficient mechanisms
than ticketing. It is contributing toward the environmental ecosystem by minimizing on paper tickets.
more convenient for users and cheaper to run.
Public transport ticketing has come a long way and the trend is like other verticals moving from paper-
based tickets to magnetic stripe, smart chip and Near Field Communications (NFC) plastic cards.
Whether it’s at a train station, airport, bus depot or taxi stand, speed and convenience are important
factors for any transaction within transportation industry.
Currently it is not unusual to see a long queue of commuters during the early morning rush hour waiting
to buy tickets at a ticket machine. Some operators are responding to this problem by developing
solutions that allows passengers to purchase their tickets before they get to the station, so reducing
queuing times and improving the overall experience. In some cases the tickets have to be collected at a
Ticket Vending Machine (TVM) which doesn’t seem to produce any additional benefit as the passenger
still needs to wait in line.
In the US, while the contactless magnetic stripe card is ubiquitous, however, it introduces significant
challenges in acceptance for transit operators where there are tight transaction time constraints, and
without the right level of transaction authorization, fraud can be rife. Introduction of EMV (Europay,
MasterCard, Visa) schemes can dramatically change the concept of ticket purchase, offering more
sophisticated facilities that take advantage of being able to verify the card’s authenticity at the gate
Our proven expertise in secure contact and contactless technology, along with the wide choice of
cashless payment products in the industry, we can cover any area of cashless payment for
transportation. The introduction of EMV based card payments in the US will provide a fast, secure and
convenient method of payment to regular travelers and tourists alike.
UIC knows there are several challenges still ahead and therefore it has built forward looking products
that make multiple technologies work together while being aware of new payment methods and which
of these the travelling public will wish to use to pay for their travel. With this in mind, UIC acutely
monitors the latest developments of the Transport Council to be ready with any latest additions. UIC
offers the following features and benefits with its products: