All posts in "Contactless Payment System"
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The Fastest Payment Transaction Time in Transit

By Klaus Schoeke

Transit authorities are constantly looking for ways to make their operations faster and more efficient. Simply put, passenger convenience can directly improve revenue. A smooth, speedy experience in public transit leads to overall customer satisfaction, which in turn leads to an improved reputation for the transit authority and more people choosing to take public transportation. […]

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FEIG Joins the American Public Transportation Association

By Klaus Schoeke

FEIG Electronics is proud to announce its acceptance as a member of the American Public Transportation Association. With this new membership, FEIG joins the ranks of other leading organizations that work to advance and improve bus, commuter rail, subway, light rail and other public transportation systems in the U.S. These organizations include government agencies, state […]

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Easily Upgrade to a Next-Generation Transit Payment System

By Klaus Schoeke

Most transit authorities in the U.S. use proprietary, closed-loop systems for payment transactions in buses and trains. While these systems have been the standard for decades, most of them were implemented at a time when there was no real alternative. In the last few years, however, many transit authorities have begun to realize the benefits […]

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Managing Product Lifecycles for A Smooth Evolution

By Klaus Schoeke

We’ve all heard the adage; the only constant in business is change.  Market leading companies embrace change as a catalyst for innovation, growth and improvement.   Yet, unexpected change can be quite disruptive to a business.  One can appreciate that it is not change that is disruptive so much as the unexpected. The fact of the […]

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AmaTech Group Uses cVEND to Showcase Variety of Payment Products

By Klaus Schoeke

At the Money20/20 conference this month, AmaTech Group will rely on just one contactless reader solution to demonstrate the readability of all their payment objects. FEIG Electronics’ cVEND contactless payment terminals will be set-up in the AmaTech booth to read EMV Contactless cards, wristbands, tickets and other contactless payment products. In addition to demonstrating typical […]

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What Does PCI Certified Mean?

By Klaus Schoeke

  FEIG’s cVEND contactless payment terminals recently received certification from the Payment Card Industry (PCI) Security Standards Organization for compliance with the PCI 4.0 PIN Transaction Security (PTS) standard, as a Secure Card Reader (SCR). cVEND complies with existing SRED (Secure Reading and Exchange of Data) open protocol, the foundation for secure point-to-point encryption. cVEND […]

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RFID Speeds Up Leisure and Ticketing

By Klaus Schoeke

RFID technology is being used in a number of diverse leisure and ticketing applications — ranging from faster entrance to the ski lift or sporting event, to cashless bus and train entry in public transit systems. More and more, these applications are taking advantage of Near Field Communications (NFC) systems. The touchless, automated nature of […]

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New Terminal series for secure, contactless Payment and Ticketing

By Klaus Schoeke

Whether in London, Paris or Berlin. No passenger of Tube, metro, subway or buses has to bother in the future with non-transparent tariffs of local transport companies and seek for a ticket before beginning the journey: It is enough to hold the own contactless credit card in front of the reader at the entrance or the validator in the vehicle and the best fare is booked and billed. For that FEIG Electronic presented at the UITP World Congress in Milan a complete product family of payment terminals. The cVEND series, developed and approved according to the latest security standards, supports both credit […]

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cVEND Secure Contactless Payment System Nominated Most Innovative Smart Payment Technology

By Klaus Schoeke

— New FEIG cVEND contactless payment and ticketing system for municipal fare collection nominated for Cartes America SESAMES Award — ATLANTA— April 28, 2015 — Today FEIG Electronics, a leading global supplier of RFID readers and antennas, introduced cVEND contactless payment systems. With cVEND FEIG Electronics presents the evolution for secure contactless payment and ticketing for […]

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