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Turkish taxis drivers get contactless payments acceptance on NFC Android phones. The plan is to roll the solution out to some 10,000 taxis “within a year”.

3 august 2021

Taxi drivers in Turkey can now accept contactless payments on their NFC Android smartphone without needing a separate point of sale (POS) terminal or any other additional hardware.

Turkish taxi firm  Taxi 7×24  is piloting a software POS (sPOS) solution that enables drivers to convert an NFC device supporting Android 8.1 or above into a contactless payments terminal by downloading an app. Taxi 7×24 plans to roll the solution out to some 10,000 taxis “within a year”, according to the press release.


The app also enables drivers to transfer their earnings from the payments collected to a prepaid card that they can use to withdraw cash from ATMs or make card payments.

Taxi drivers who were able to receive payment by credit card were using traditional POS machines provided by banks. However, when a taxi driver wanted to buy a POS machine, there were too many procedures, documents and processes,” explains  Payneer Technology , the technology provider implementing the solution in partnership with Taxi 7×24 and Yapi Kredi bank.

“Payneer POS solution, on the other hand, has a flexible and dynamic infrastructure that can be used immediately after the application is downloaded.

“At the same time, it eliminates connection problems as payments can be made wherever there is mobile internet.

“Since it is a mobile application, it does not bring any additional cost to the taxi driver, such as technical and maintenance costs.

“Moreover, customers can add a tip to the driver through the Payneer POS. In this way, we provide added value to the taxi ecosystem and enable drivers to earn extra income.”

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?