Ingenico a provider of payment solutions, has announced its partnership agreement with Ingogo, a innovative Australian taxi services platform which provides taxi drivers with a fully integrated and secure mobility payment solution.
The wireless Ingenico device will allow taxi drivers in Australia using the Ingogo app to turn their Android smartphones into a PIN@POS EMV and contactless payment platform, taking payments from all major credit and debit card, as well as processing mobile wallets.
This complete solution enables taxi driver to accept more payment. Whilst improving cab user experience in bringing the best of both virtual and physical card payment options, while integrating convenient services such as instant electronic receipt and automatic trip history once the transaction is processed.
A 30 day pilot trial with a selection of 250 cab drivers equipped with the Ingenico solution was a success, as the trail processed over $1 million in payments during the period. Ingenico and Ingogo plan on rolling out thousands of units across Australia over the next year.
“We are thrilled to be partnering with Ingogo. The Ingenico secure payment solution provides a simple interface to expedite the payment in the fastest possible way with the acceptance of contactless, NFC phones and wallets. We are proud to support Ingogo, as they expand their operations nationally and globally” said John Tait, Ingenico Australia Managing Director
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.