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PocketPOS gets taxi ride

Nedbank has introduced a credit card acceptance solution into 200 metered taxis using the Nedbank PocketPOS device.

Nedbank has, in partnership with iMobilise Transportation Systems, introduced an integrated taxi meter and card acceptance solution into 200 metered taxis, using the Nedbank PocketPOS device to accept fare payment with a credit or debit card.

“This is an exciting innovative payment system, which provides convenience to the traveller as well as security for the taxi driver, who no longer has to worry about driving with large sums of cash,” says Sydney Gericke, Managing Executive for Nedbank Retail Card. “In a fast developing and increasingly technology driven country like ours, we understand the importance of convenience and innovation for clients. Clients are at the heart of everything that we do.

The Nedbank PocketPOS mobile point-of-sale device and the trip metering solution has been installed in Eagle Taxi Cabs operating in Durban and on the King Shaka International Airport route. The solution will also be available in Sport Taxis and City Cabs operating in Cape Town CBD and on the Cape Town International Airport route, as well as in ORIATA cabs on the OR Tambo International Airport route.

“For the metered taxi industry, the integrated payment and billing system is set to become a key business enabler as metered taxi drivers will now have the convenience of automated trip metering combined with card payment, as well as the security of a low daily cash holding,” says Grant McGlashan, Managing Director of iMobilise Transportation Systems.

Nedbank’s PocketPOS cab payment solution will offer drivers more than just card payment facilities: “The point-of-sale unit currently incorporates in-vehicle card, cash and account processing, vehicle and driver financial fleet management, vehicle trip-log management and reporting. Operators are now able to better manage their operations through automated financial fleet management tools which are linked to the in-cab equipment. This will empower operators to gain more financial intelligence and control of their business and assets”‘ concludes McGlashan.

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