VERIFONE LAUNCH NEW TfL COMPLIANT DRIVER PACKAGES.

Following the recent TfL ruling regarding card payments in taxis, Verifone have now announced the driver packages that come into effect from 2 April.

A new ‘Capital Package’ fee of 3.95% applies to all transactions. The Capital package features:

Zero upront costs

Zero monthly rental charges

Zero data costs. 

Drivers do not need to use their own mobile phones as a SIM card is included in the Verifone equipment at no additional cost to the driver.

Card fares normally take 48 hours to process and Verifone pay drivers every day during the week, with the option to schedule just three payments per week if preferred. Jon Wheeler and his team at Verifone are confident that the Capital Package provides drivers with a competitive and accountable solution.

 “We looked at numerous financial models before agreeing this package. Drivers don’t want complicated tariffs with upfront costs, monthly rentals or unpredictable extras. Ours is simple, transparent and hard to beat. When you consider the driver support and technical facilities we have too, we really believe that our service is second to none.”

The Verifone transaction rate is reduced to 3.25% for drivers who upgrade to the ‘Icon Package’ with a one-off fee of £299. All Verifone Capital and Icon drivers also qualify for free upgrades to ensure compliance with TfL requirements for equipment to be fixed in the rear and provide passengers who request them with printed receipts.

All services are capable of meter integration, a service that provides quicker job processing and secures customer satisfaction, and is subject to on-going consideration by TfL. Verifone fixed systems have included both receipt printer and meter integration since they launched in London in 2010.

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