Wednesday, September 23, 2009

Epay makes move into transport payments

epay, a Division of Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading electronic payments processor and distributor, today announced the extension of its product portfolio to offer transport solutions in Australia, UK and Poland. Utilising epay’s payment technology and extensive worldwide network of retail locations has presented road users and public transport commuters with alternative and convenient payment methods for road tolls, congestion charge and transport tickets. Queensland Motorways in Australia implemented free-flow tolling on two of its busiest motorways in an effort to reduce traffic congestion, improve travel times and enhance safety on the road. Traffic users are able to pay for their road toll through any selected epay retailer including Caltex, BP and United Petroleum, by adding value to an existing toll account through a swipe card transaction or by purchasing a ‘pass’ before or after their journey – the pass can be activated on the day of purchase or backdated by up to three days to cover travel already completed. All passes are valid for 30 days from activation. ‘epay’s experience and extensive network of retail locations made them an obvious choice to work with. Established locations, proven technology, support and marketing experience means we can confidently grow our distribution network quickly and efficiently as demand grows,’ said Queensland Motorways CEO Phil Mumford. ‘Working with epay has enabled Queensland Motorways to access a proven system of point of sale retail terminals, as well as a global network of support, technology and market experience.’ ‘For a trip across the Logan and Gateway motorways, it’s expected it will save up to 10 minutes in travel time. When our AU$1.88 billion project is complete in 2011, motorists can expect to save another 15 minutes.’ In the UK, epay has been awarded an exclusive five year retail contract with Transport for London (TfL) to enable motorists to pay for the Central London Congestion Charge at any participating epay retailer across the UK. From 31 October 2009, drivers can pay the charge at newsagents, convenience stores and petrol stations, either in advance or on the day of driving within the charging zone. In one of Poland’s major cities, commuters use a contactless, stored value, smart card to travel on public transport – it can be used to pay for car parking too. Commuters can add credit to their cards at epay retailers which have been equipped with contactless card readers. The retailer simply selects the required ticket type on the epay terminal. The card is placed over the reader and the value is loaded instantly. Gareth Gumbley, epay Chief Executive Officer said ‘we are constantly striving to deliver workable end-to-end solutions for our clients and it was a natural progression to extend our electronic payments portfolio to cover the transport sector. Here we leveraged our worldwide network of retail locations, where we already offer a range of products and services including bill payment, mobile top-ups, digital content and gift cards – to build and deliver solutions for local transport applications. Our retail network includes major international retailers, national chains as well as independent stores to give us excellent coverage. Together with our proprietary payments technology, we’re able to fully support and deliver many POS applications and transactions.’

epay, a Division of Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading electronic payments processor and distributor, today announced the extension of its product portfolio to offer transport solutions in Australia, UK and Poland.

Utilising epay’s payment technology and extensive worldwide network of retail locations has presented road users and public transport commuters with alternative and convenient payment methods for road tolls, congestion charge and transport tickets.

Queensland Motorways in Australia implemented free-flow tolling on two of its busiest motorways in an effort to reduce traffic congestion, improve travel times and enhance safety on the road. Traffic users are able to pay for their road toll through any selected epay retailer including Caltex, BP and United Petroleum, by adding value to an existing toll account through a swipe card transaction or by purchasing a ‘pass’ before or after their journey – the pass can be activated on the day of purchase or backdated by up to three days to cover travel already completed. All passes are valid for 30 days from activation.

‘epay’s experience and extensive network of retail locations made them an obvious choice to work with. Established locations, proven technology, support and marketing experience means we can confidently grow our distribution network quickly and efficiently as demand grows,’ said Queensland Motorways CEO Phil Mumford. ‘Working with epay has enabled Queensland Motorways to access a proven system of point of sale retail terminals, as well as a global network of support, technology and market experience.’

‘For a trip across the Logan and Gateway motorways, it’s expected it will save up to 10 minutes in travel time. When our AU$1.88 billion project is complete in 2011, motorists can expect to save another 15 minutes.’

In the UK, epay has been awarded an exclusive five year retail contract with Transport for London (TfL) to enable motorists to pay for the Central London Congestion Charge at any participating epay retailer across the UK. From 31 October 2009, drivers can pay the charge at newsagents, convenience stores and petrol stations, either in advance or on the day of driving within the charging zone.

In one of Poland’s major cities, commuters use a contactless, stored value, smart card to travel on public transport – it can be used to pay for car parking too. Commuters can add credit to their cards at epay retailers which have been equipped with contactless card readers. The retailer simply selects the required ticket type on the epay terminal. The card is placed over the reader and the value is loaded instantly.

Gareth Gumbley, epay Chief Executive Officer said ‘we are constantly striving to deliver workable end-to-end solutions for our clients and it was a natural progression to extend our electronic payments portfolio to cover the transport sector. Here we leveraged our worldwide network of retail locations, where we already offer a range of products and services including bill payment, mobile top-ups, digital content and gift cards – to build and deliver solutions for local transport applications. Our retail network includes major international retailers, national chains as well as independent stores to give us excellent coverage. Together with our proprietary payments technology, we’re able to fully support and deliver many POS applications and transactions.’

Please visit us for credit card processing merchant account services (USA, Canada & Europe) :

Credit Card Processor (CCP) provides the best credit card processing services, merchant accounts and merchant services.

No comments:

Post a Comment