Cashless Payment for Ticket Vending Machines
Public transportation is common in major cities today and it is likely to see Ticket Vending Machines (TVMs) that are spread across the city streets and stations. TVMs offer convenient means to purchase one way tickets through daily and monthly passes. Modern automatic Ticket vending machines can sell full-fare and reduced-fare passes for almost any combination of travel routes according to the passenger’s liking. TVMs notably reduce passengers queuing up at the ticket counters at stations.
Passengers expect to pay in ticket machines not just with cash and coins but also with their credit and debit cards, their mobile phones or even with a wearable payment device such as a wristband or a ring.
EMV certified credit card readers for Ticket Vending Machines
OTI Provides variety of credit card readers for Ticket Vending Machines that are certified by EMVCO and can accept cards issued by the major credit associations, accept mobile payment such as Apple Pay, Android Pay and Samsung Pay, or even accept payments made with wearable contactless payment devices.
TVMs are expected to provide a reliable and convenient service yet in many cases be available round the clock. Tickets Vending Machines that accept exact-change-only or ones that are out-of-service result in great losses for transportation authority. Therefore, the need for an advanced connected machine controller that provides connectivity, monitoring and alerts in a cost effective and small-sized enclosure such as the TeleBox or the GoBox is required. These advanced controllers can be retrofitted to existing machines provide the connectivity to the payment gateway and to the management control and monitoring suites.
OTI’s solutions for Ticket Vending Machines are handled by its fully owned subsidiary ASEC S.A.
ASEC is a large one-stop-shop operator of electronic ticketing systems for public transport markets. The company designs, manufactures, delivers, installs, supports and operates urban transit ticketing systems of any scale.
To learn more about these solutions please visit www.asec.pl.