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Table of Contents

Lead Story

Learning the ISO lingo

News

GS Online: 4.2 million and climbing ...

MWAA 2007: Security, depth and rock-and-roll

VeriFone corners NYC taxi business

Who's minding the small-business store, Visa wants to know

TMS, AMS settle their grudge

Congress grills warring parties on interchange

Features

AgenTalkSM:
David E. Hanlin Jr.

Dark cloud shrouds ATM ISOs in Sunshine State

Missy Baxter
ATMmarketplace.com

ISOMetrics:
Prepaid cards: An obsolescent evolution?

Views

On queue: Self-service card payments come of age

Paul Rasori
VeriFone

Breached security: The buck stops where?

Grant Drummond
Ingenico

Education

Street SmartsSM:
Demand defrays doubts about costly cash advance

Dee Karawadra
Impact PaySystem

Perfect storm of acquirer liability averted

Theodore F. Monroe and Bradley Cebeci
Attorneys at Law

Size up your sales pitch

Marcelo Paladini
Cynergy Data

P-cards: The payoff is palpable

Aaron Bills
3Delta Systems Inc.

Small shops under the PCI gun

Michael Petitti
AmbironTrustWave

Company Profile

Money Movers of America Inc.

New Products

It's hues to you

POS Supply Solutions Inc.
Colored paper rolls

Outsource the chargeback confusion

ChargebackAudit LLC
Chargeback Dispute Management System

Inspiration

You are the sunshine of your life

Departments

Forum

Industry Update

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

August 13, 2007  •  Issue 07:08:01

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VeriFone corners NYC taxi business

VeriFone Transportation Systems is now the preferred provider of integrated payment solutions for the Committee for Taxi Safety, New York City's largest taxicab medallion leasing association. The group includes 10 organizations, representing about 3,000 members.

VeriFone Holdings Inc. is the majority shareholder in VTS, a joint venture between VeriFone Holdings and TaxiTronics, which already services over 8,000 of the city's taxi meters.

The New York City Taxi and Limousine Commission issues medallions to the city's taxicabs. It mandated that beginning Oct. 1, 2007, all 13,000 of the city's taxis must have technology-based customer service improvements installed at their next scheduled inspections.

Required improvements include credit and debit card acceptance, as well as interactive electronic passenger maps and information screens. VTS was the first vendor to meet the commission's requirements.

More than a payment vehicle

"Reliability, previous experience and a wealth of functionality made VeriFone Transportation Systems the logical choice for all members of our organization," said David Pollack, Executive Director for the Committee for Taxi Safety. "We are pleased to begin this new era in technology with a company that has impeccable equipment and software for our drivers," he said. This includes "up-to the- minute access to real-time traffic information, news, sports, weather and entertainment."

VTS' wireless technology provides mobile, integrated payment options, including card swipe and contactless credit and debit payment. It has an ATM-style interface. A 10.4-inch touch-screen monitor offers exclusive news and content through a partnership with WABC-TV in New York.

"In addition to providing customers with convenient payment choices, member organizations will benefit from improved fleet management and the potential for enhanced revenue through advertising," said Amos Tamam, President and Chief Executive Officer of VTS. This new project expands on previous trial efforts in Mexico City and certain U.S. cities, such as Philadelphia, where VTS has an exclusive contract for all 1,600 taxis.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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