How does Cabcharge Fareway EFTPOS System work?
The Cabcharge Fareway EFTPOS System is:
- an Australian designed mobile electronic payments system;
- more than just a mobile payment facility. Fareway is specifically designed for Taxis,
it is fixed to the Taxi and links into other Taxi equipment to ensure passenger
and corporate financial security;
- provides passengers with a record of all fare transactions; the customer receipt
includes the taxi number, radio network, pickup, destination, date and time of trip
for subsequent reference, for example, for financial records or to easily track
With in excess of 30 million credit and debit cards in use, Australians are paying
by EFTPOS for millions of transactions each week. As we continue to move towards
a "cashless society", people rely on EFTPOS to pay for all their goods and services.
Paying by the Cabcharge Fareway EFTPOS System is like any other
purchase, including the use of cards with contactless and chip and pin features.
The following credit and debit cards are accepted electronically:
A taxi with Cabcharge Fareway EFTPOS System on board is fitted
- a fixed PIN Pad unit;
- a communications unit;
- a printer.
The PIN pad operates using menu driven instructions. The back-lit pad display provides
step-by-step instructions for drivers on how to pay fares using Cabcharge Charge
Cards and TAXI eTICKETs and all EFTPOS debit and credit cards.
The communication unit, using the Telstra GPRS wireless data network, controls the
flow of transaction details and approvals back and forth between the taxi and the
banks for EFTPOS transactions and Cabcharge for charge cards and TAXI eTICKETs.
It also interfaces with Taximeters and provides GPS location information ensuring
an accurate and detailed passenger record.
Cabcharge provides its account holders with a record of all fare transactions; the
customer statement for each period includes the fare amount, taxi number, taxi network,
date and time of the trip.
The printer enables the driver to provide all passengers with a record of individual
fare transactions. The customer receipt includes the taxi number, taxi network,
pickup, destination, date and time of trip for subsequent reference, for example,
for financial records or to easily track lost property.