Paragon ID & Ingenico announce their partnership to combine the best of transport ticketing and payment functionalities
The companies are developing solutions, together, to read tickets, payment cards and smartphones on a single reader for deployment in the mass transit market.
Paragon ID and Ingenico Group, the global leader in seamless payment, are pleased to announce their collaboration in the implementation of new contactless readers at the heart of Ingenico's new OP2GO open payment offer, dedicated to the public transport sector.
Under the terms of this technological and commercial partnership:
- Paragon ID provides its know-how in the management and development of transport software applications, cards, paper-based and mobile ticketing.
- Ingenico integrates this know-how at the heart of its new open payment terminals solution (open/1500 and Open/2500) designed for validators, gates and turnstiles.
As the usage of contactless payment cards to access transport systems (as an alternative to a ticket) grows across the world, this innovative open payment solution will deliver a secure, speedy and flexible hardware solution to system providers and transport authorities, accepting both payment cards and closed-loop transport cards on a single reader.
Thanks to Paragon ID's embedded transport application libraries, Ingenico's OP2GO readers will manage all contactless cards and tickets used by transport operators, in compliance with current standards (RCTIF, CEN/ TS 16 794). With the new OP2GO offer, operators and their customers will benefit from the interface and the rich functionality of Paragon ID's transport cards’ readers combined with Ingenico’s reading of bank cards and smartphones, for an unparalleled customer experience. This new solution provides the speed and performance required by the public transport market, while incorporating the highest level of security that bank cards require.
Ingenico’s readers offer the best of both the Transit and Payment worlds to ensure:
- Interoperability with all payment & transit schemes
- Compliancy with transportation standards and protocols
- Compliancy with Payment Industry Security protocols, PCI PTS v5.1 certified.
- For an easy and flush integration into embedded validators and gates
OP2GO is opening up additional revenue opportunities and reaching a new level of innovation for the transportation industry. The solution is easily integrated into any ticketing platforms and payment environments (banks and acquirers).
Clem Garvey, CEO Paragon ID comments:
« We are proud of the work that has been done by both Ingenico’s and Paragon ID’s teams to provide our clients and partners with an access control solution open to all physical and digital means of payment. This is an important step for Paragon ID in two strategic sectors - public transport & payment - with a global solution combining performance and security. We are certain that it will become a reference in the market. »
Guillaume Pascal, EVP Enterprise Retail, Ingenico Group comments:
« We are very pleased to integrate the Paragon ID solution into our new OP2GO readers to accept both transit and payment cards on one single device, securely. Beyond that, this solution will address the demands of smart cities where multimodalities and new means of transport (car-sharing, electric vehicles, etc.) are developing and establishing the ecological and societal challenges of tomorrow. »
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