Moving Transit Agencies from Fare Collection to Fare Payments

VeriFone's Transportation Solutions can ease the transition from proprietary closed-loop fare collection to modern, PCI secure, open payments. Transit agencies will benefit from decreased operating costs and elimination of fare media issuance. Riders will enjoy faster service and support. Customers and partners will choose VeriFone based on innovative features such as GPS bus tracking, quality devices, PCI scope reduction and secure cardholder data.

Enhanced Payment Options; Maximum Security

The advent of new technology such as NFC-capable mobile phones, coupled with smart, NFC-ready payment devices, brings payment to new ground. Riders will no longer need to wait in line in the cold to purchase a fare ticket at a kiosk— they can simply swipe their card or tap their mobile wallet right at the point of service.

VeriFone's transit solutions support end-to-end encryption and tokenization using VeriShield Total Protect. VeriShield Total Protect, secured by RSA, immediately encrypts cardholder data prior to transmission using a format-preserving encryption. Post-authorization, card data is tokenized for transmission and storage, rendering the information worthless to thieves, but viable to applications requiring the original data structure. This combination of encryption and tokenization eliminates cardholder data from point-of-sale applications and networks, bringing transit agencies closer to PCI compliance and reducing PCI scope.

As the recognized leader in electronic transaction and card security, you can relax knowing VeriFone solutions and devices not only meet the latest industry security requirements to protect your customers' sensitive information, but they are future proofed to carry your agency well into the future with support for NFC, EMV Chip and PIN and Mobile payments.