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Wirecard adds mobile card reader functionality to mobile taxi ordering and payment application

Wednesday 20 February 2013 10:22 CET | News

Intelligent Apps, the Germany-based startup behind taxi ordering smartphone application myTaxi, has expanded its agreement with German provider of electronic payment and risk management services Wirecard to provide its connected taxis with Wirecard’s mobile card reader solution.

The mobile smartphone add-on is set to be branded as the ‘myTaxi card reader’. It allows taxi drivers to settle taxi journeys cash-free, including trips that were not ordered using myTaxi. The myTaxi card reader is currently being launched in Germany, Spain and the USA to accept MasterCard and EC-cards, with Visa support currently being planned. The service is also set to be made available in additional countries in the near future.

In 2012, myTaxi launched the first mobile payment system with “myTaxi Payment”, which allows taxi journeys to be paid directly from a smartphone to a smartphone in the taxi. The myTaxi app handles the payment process, and Wirecard processes and accepts the stored credit card data.

The payment application has been integrated into the existing myTaxi App for drivers, in order to ensure speedy processing. The payment data transfer is encrypted and is in line with current security requirements. The customer confirms payment by signing the smartphone’s touch screen. A receipt can be sent by e-mail if desired.


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Keywords: Wirecard, mobile payment, mobile card reader, mPOS, mobile taxi ordering, Intelligent Apps, Germany, myTaxi
Categories: Payments & Commerce
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Countries: World
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