Bus

Cubic receives EMV bank card type approval

Posted on October 18, 2011

Cubic Transportation Systems Inc., the transportation unit of Cubic Corp., received approval from the top four bank card brands for the Tri-Reader 3 to process their branded contactless EMV bank cards for use in public transit revenue management systems.

Cubic has equipment and systems supporting seven of the top 10 largest public transit markets in the U.S., UK and Australia as well as other major markets around the world.

The Tri-Reader 3 is the first contactless smart card device designed for use in public transport to process all industry standard contactless smart cards. The reader also processes bank-issued contactless EMV cards that meet the financial industry's standards for contactless open payment, and has been approved by EMVCo, American Express, Discover, MasterCard and Visa.

The Tri-Reader 3 was developed by Cubic on behalf of Transport for London and the company has a worldwide license for its use for open payments. Cubic's technology can also support payments made with Near Field Communications (NFC)-powered mobile phones, a form of payment that Cubic has tested in U.S. and European transit systems.

 

View comments or post a comment on this story. (0 Comments)

More News

2 NJ Transit buses collide in Lincoln Tunnel

Of the 20 people injured, none were considered serious and 13 were transported by New York City EMS to hospitals.

AC Transit launches on-demand bus service

Riders using a desktop computer, smart phone device or traditional telephone can schedule their pick-up and desired drop-off locations: reducing their wait time, arriving at their destination faster, and increasing the overall rider experience.

MVTA 'Bus on Shoulder' vehicles equipped with MTS guidance tech

The advanced Driver Assist System, utilizing a licensed GPS technology developed by the University of Minnesota, provides feedback to the driver regarding lane position – via graphic driver alert displays, virtual mirror, vibrating seat and actuated steering.

ABC Companies sells Ameritrans Bus assets

In an overall business review, it was determined this division no longer fit in ABC's overall growth strategy. The company will continue to provide parts and warranty support for Ameritrans products.

N. Va. Transportation Commission approves BRT plan

Planners estimate the new, 11-mile Tysons Corner to Alexandria bus system would attract about 8,600 new transit riders per day.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close