ATLANTA, GA--(Marketwire - Jan 11, 2013) - Ingenico, the leading worldwide provider of payment devices and services, announced today that Creative Mobile Technologies (CMT), LLC, the nation's premier innovative technology and payment processing solutions provider for the taxicab market, has selected Ingenico's next generation Telium2 iPP350 PIN Pad as their preferred secure point-of-sale (POS) device for taxis in cities across the United States.
In preparation for the migration to EMV chip cards in the U.S., CMT has completed the integration of the iPP350 and is already piloting the device in 300 cabs in San Jose, CA as part of its premier in-taxi FREEdom Solutions suite. The tailored solution is specifically designed by 'the industry for the industry' to enable taxicab drivers to accept current and future payment types within a secure, consumer-facing way and to enable taxi riders to have a seamless and quick customer transaction experience.
Both companies closely collaborated to conclude the certification and integration of Ingenico's iPP350 hardware and application with CMT's dispatch and meter system. With the certification in place, CMT has already started a nationwide rollout with the iPP350 PIN Pads in Q4 2012 and will continue in Q1 2013. Millions of passengers will benefit from this innovative in-taxi payment technology.
"It is not an easy task to successfully operate a taxi fleet. It's a demanding and competitive business that calls for technological innovations throughout its entire value-chain. Taxicab riders expect every trip to be comfortable, convenient, and safe from start to finish, including the payment transaction," commented Thierry Denis, president of Ingenico, North America. "We are extremely pleased that CMT has selected our iPP350 PIN Pad as part of their FREEdom Solutions suite. CMT has unmatched knowledge and service offerings in the taxi industry. Ingenico's POS hardware combined with CMT's dispatch and meter services will provide cab drivers with an uncompromising payment platform."
With the iPP350 CMT solution, taxicab drivers are fully equipped to securely accept all forms of credit and debit payments, including EMV chip-based payment cards; NFC-enabled mobile phones; contactless cards; and traditional magnetic stripe cards. Plus, they can feel safer by having to carry less cash. Further, passengers have the convenience of choice of payment and have full access to the complete itemized fare, including tip amount options. The iPP350 PIN Pad's clear backlit graphic display on a color screen and backlit keypad allow easy transaction reading in any lighting conditions, and clear signage to promote the taxicab's brand.
"Designing innovative in-taxi payment technology solutions that improve the experience for drivers and passengers, as well as modernize taxi fleets, is a priority for CMT. As new mobile and chip card payment options gain traction in the U.S., CMT helps make passenger check-out as simple and safe as possible," said Jason Poliner, Vice Chairman and Chief Operating Officer of CMT. "The iPP350 PIN Pad, coupled with our premier dispatch and meter services, also offers the most reliable, modern and cost-effective solution for taxi fleets."
Ingenico will be showing its latest POS innovative devices and solutions, including the iPP350 PIN Pad, in its expo booth #1653 at the National Retail Federation's Annual Convention & EXPO in New York next week (January 14-15, 2013).
About Ingenico (ING)
Ingenico (Euronext: FR0000125346 - ING) is a leading provider of payment solutions, with over 20 million terminals deployed in more than 125 countries. Its 4,000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. More information on www.ingenico.com | twitter.com/Ingenico | twitter.com/IngenicoNA
About Creative Mobile Technologies, L.L.C. (CMT)
Founded in New York City in 2005 by taxi industry leaders, Creative Mobile Technologies (CMT) provides more than 20,000 taxicabs in 60 cities and 35 states with a variety of taxi technologies and enhancements including credit and debit card processing, media and advertising content, text messaging, interactive passengers maps, GPS, electronic trip sheets and back-office fleet management systems. CMT has more than 6,600 units in New York City alone. CMT's unique "for the industry, by the industry" business model has empowered taxi fleets and individual taxi operators throughout the country with customized solutions born out of the company's deep roots in the taxi industry.