TapXphone as a Part of Contactless Fare Payment is Launched in Chisinau
IBA Group is proud to announce the expansion of its highly acclaimed IBA Fare Collection (AFC) system. Building upon its triumph in Eastern Europe, IBA Group has successfully introduced its revolutionary tapXphone solution in Chisinau, the captivating capital of Moldova.
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This remarkable project was completed in an impressive timeframe, highlighting IBA Group’s expertise and efficiency. IBA Group executed this pilot project in Moldova when collaborating with esteemed partners such as Visa, Victoria Bank, the Chisinau Municipal Council, and local carriers.
The tapXphone solution from IBA Group revolutionizes fare payment, eliminating the need for additional hardware like validators or POS terminals. Transforming an ordinary smartphone with NFC capabilities into a seamless payment terminal, passengers can pay for their trips in mere seconds by tapping their NFC-enabled device against the conductor’s smartphone.
You can use bankcards, phones, smartwatches, fitness bands, and other NFC-enabled mobile devices to pay fares conveniently. Embrace the future of fare collection with IBA Group and enjoy a frictionless travel experience. Discover the possibilities today. Just like in Eastern Europe, the procedure remains hassle-free. Passengers can make payments in a split second without downloading any applications. The indicators light up when the NFC-enabled device is tapped against the fare collector’s smartphone, confirming the successful payment with a till slip displayed on the screen. Capture the moment with a photo or easily share it via any phone number.
Transport carriers do not need to invest in points of sale (POS). By utilizing smartphones as payment acceptance devices, fare collection and processing become streamlined while reducing costs associated with system development. Simplify fare payment with IBA Group today.
Vadzim Smatrayeu, Head of tapXphone, IBA Group
Our successful implementation of these payment systems has demonstrated that passengers embrace familiar contactless methods for fare payment, including bank cards, smartphones, and wristbands. This user-friendly technology also offers numerous advantages for transport carriers. Implementing tapXphone is faster and more convenient for them compared to equipping transport vehicles with new devices. Join us for a seamless and efficient fare payment experience.
Bogdan Plesuvescu President of Victoriabank
As the exclusive pioneer of NFC technologies in the Republic of Moldova, Victoriabank proudly presents its groundbreaking electronic wallet. Our latest innovation, tapXphone, is set to transform card payments, providing the ultimate convenience for a fast-paced world in constant motion. Simplify your transactions with tapXphone today.
As the exclusive pioneer of NFC technologies in the Republic of Moldova, Victoriabank proudly presents its groundbreaking electronic wallet. Our latest innovation, tapXphone, is set to transform card payments, providing the ultimate convenience for a fast-paced world in constant motion. Simplify your transactions with tapXphone today.
Discover the seamless contactless fare payment solutions implemented by IBA Group and Visa.
Embrace the benefits of our SMART contactless payment solutions for your business and customers. Explore the possibilities today.
Transform Your Payment Processing With tapXphone POS Phone App
Transform your payment process with IBA’s revolutionary tapXphone solution and the cutting-edge Pos Phone mobile application. This innovative system seamlessly integrates with sellers’ smartphones, allowing customers to make contactless payments effortlessly using their bank cards or NFC-enabled devices. By eliminating the need for costly payment processing hardware, tapXphone saves entrepreneurs valuable time and resources.
Various industries, including entrepreneurs, delivery services, consumer services, and event organizers, have already experienced the numerous benefits of using smartphones as versatile payment terminals.
For secure transactions, the system prompts for a PIN code when the purchase amount exceeds the defined limit. The advanced PIN on Glass technology ensures the confidentiality of PIN entry, safeguarding against unauthorized access. Each transaction displays the digits on the screen in a unique sequence, enhancing security. With a strong presence in the Ukrainian market, IBA Group successfully implemented tapXphone for Oschadbank, one of the country’s leading banks, in 2019. Exciting plans are in place to introduce tapXphone projects for other Ukrainian banks in the near future.
Beyond Ukraine, tapXphone has expanded to Kazakhstan (Kazpost), Moldova (Victoria Bank), and Slovakia (Tatra Banka). By the end of 2021, IBA Group aims to deploy this advanced payment solution across several major European banks. Embrace the future of payment processing with tapXphone by IBA Group.
