Terminal Technologies Group connected the VENDOTEKVPOSterminals to BIFIT Register. The new partner will provide to vending market players a cloud tax service at a special price. Vending companies can choose an online fiscalization service and conclude a contract.
The cloud-based cash register from BIFIT provides remote sending of checks to the Federal Tax Service. Having paid for the goods on a contactless terminal, the customer will not wait for an unnecessary paper receipt. Information about the purchase is shown on the bright screen of VENDOTEK as a QR code with a link to an electronic receipt.
Mastercard payment system has verified the compliance of Terminal Technologies Group with the Terminal Quality Management (TQM) requirements. The quality management system has passed all stages of control. A mandatory certificate has been obtained, which is necessary for cashless payments by Vendotek cEMV validators & POS terminals, Transitek card readers.
Terminal Technologies Group is annually tested for compliance with TQM requirements, previously we certified production in Latvia, and in recent years - our own production in Russia. The task of the TQM program is to maintain the quality of devices that interact with bank cards.
During certification, special attention is paid to the configuration control system. The solutions and processes implemented in Terminal Technologies Group were fully approved by the auditors.
"We have been cooperating with international payment systems for many years. Mastercard Terminal Quality Management requirements have been extremely important in development and production since the company was founded. In 2021-2022, we again passed the quality management system check, confirming the compliance of the processes with international standards," said Igor Sukhostavsky, CEO of Terminal Technologies Group.
Kontron Company presented VENDOTEK T at the largest transport exhibition in the USA – APTA. cEMV validators with Automatic Fare Collection system Multipass accept payments by closed-loop and open-loop cards, smartphones and mobile devices with NFC.
VENDOTEK T are the most compact validators in the world, they are certified by Visa, Mastercard, MIR, UnionPay, CIPURSE. For the price of 1 standard validator, you can install 3 or 4 VENDOTEK T Lite on all bus doors.
DataKrat Corporation has integrated VENDOTEK POS terminals into the Bars Payment and Access System for ski resorts. Turnstiles are equipped with a long-range antenna manufactured by DataKrat. The new solution allows you to pay for the ascent with a bank card if you do not have a ski pass or have run out of money on it.
This solution was implemented at the Malka ski resort in Sheregesh. A long-range antenna with a reading range of up to 40 cm allows you to get to the lift via a ski pass based on NXP ICODE chips. And the presence of a contactless POS terminal from VENDOTEK adds the functionality of a paid pass – by bank card.
"In connection with the coronavirus pandemic, products that minimize contacts between people are gaining more and more relevance. This solution allows the visitor to immediately receive the service, bypassing communication with the cashier, even to receive a ski pass. Thanks to the implementation of deferred online payment technology, the payment speed at the turnstile is about 2 seconds, which practically does not differ from the passage through the ski pass, and the use of Smart watches for presenting a bank card makes this solution as convenient as possible for the visitor," said Mikhail Sukhorosov, Head of the DataKrat Corporation’s Software Development Center.
"Contactless payments are becoming the most popular payment method, replacing cash. Our POS terminals and VENDOTEK validators process more than a million transactions daily and cover more and more industries. The innovations of the DataKrat Corporation give the convenience of paying with a bank card to vacationers at resorts, which allows you not to worry about replenishing ski passes and enjoy the ski slopes of Sheregesh," said Igor Sukhostavsky, CEO of Terminal Technologies Group.
The Multipass System and Terminal Technologies announced a partnership to deploy innovative Account-Based Ticketing (ABT) system equipped with Vendotek T validators. Multipass is a new generation of the Automatic Fare Collection System based on ABT platform, a ‘ticketless’ way for people to travel on public transport. ABT with Vendotek cEMV validator enables passengers to simply tap or scan a secure token, linked to an account in the back office to make a journey.
Multipassdiffers from traditional card-based schemes, because the business rules and fare calculation are managed in the back-office and the fare is calculated and billed after the travel is complete. This means that the fare-media used to tap in and out of the system is nothing more than a unique identifier for the customer that is linked to their account.
Multipass equipped with Vendotek T gives citizens the most convenient and frictionless ticketing experience possible today. A passenger using an account-based token can use public transport effortlessly and seamlessly without having to think about the cost of their journey or having to buy a ticket.
Account-Based Ticketing offers many benefits including the following:
Improved rider experiences
Multiple token optionality
Best possible fare
Concession enablement
Fare model optionality and flexible transfers
Easy to maintain – fare engine in the back office not on the reader
Easy to upgrade – reduced lock-in
Low capital investment and reduced operational cost
Rapid implementation (weeks not months)
“Multipass has created an innovative Automatic Fare Collection System based on ABT platform that does not require tickets. Now you just need to tap or scan a secure token and start your journey. Multipass find Vendotek T as best quality, price performance validator on the market. There is not any product close to it," said Andrey Kostin, CEO of Multipass System.
“In the future, smart cities will become green and clean oases of comfort, where residents can easily reach any area. An excellent combination of Multipass AFC with Vendotek T validators allows passengers to forget about tickets. Thanks to the innovations of our partner, public transport will become more convenient, and fare collection will become easier,” said Igor Sukhostavsky, CEO & Founder of Terminal Technologies Group.
