Mobile Payment Magazine

Featured

Consumers and Mobile Financial Services – Free Report

Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.

  • The Basics
  • News
  • Research
  • Events
  • Company Profiles

Florida Turnpike Enterprise Partners with Epay for Payment Solution

January 21, 2011 by Mobile Payment Magazine

epay, a prepaid and payments processor in the U.S., has announced a partnership with Florida’s Turnpike Enterprise (FTE). The company says that now SunPass customers can now reload their accounts using cash at more than 2,000 epay locations statewide. Customers can also check their SunPass account balance. SunPass is Florida’s electronic prepaid toll program, and is accepted on all toll roads and nearly all bridges in the Sunshine State.

“Through our partnership with epay we have nearly tripled the number of SunPass cash replenishment locations from 1,161 to more than 3,100 locations statewide, including more than 450 locations in Miami-Dade,” said FTE Deputy Executive Director Jennifer Olson. “It is important that we provide as many places as we can for our customers to reload their SunPass accounts, especially as we get close to February, when we will implement all-electronic no cash tolling on the Turnpike Extension in Miami-Dade County.”

Reloading an existing SunPass account with epay is easy. Customers just give their SunPass transponder number to the cashier at any participating retailer, along with the amount of money they want to add to the SunPass account plus a $1.50 convenience fee per transaction. Customers then get back a receipt showing the amount added to the SunPass account. Checking SunPass account balances works the same way, except there is no convenience fee.

The new locations offering SunPass cash-reloading services include gas stations, convenience stores, check-cashing stores, wireless dealers, bodegas and more. The locations generally have on their door or window a green and yellow sign with the SunPass logo, clearly advertising to the customer the availability of the service. Customers can go to the SunPass website to find a reload location nearby. It is as simple as entering a ZIP code and choosing a preferred location. Customers can click on a location to view a map and get directions. Many new locations will be added in the near future, for added convenience.

FTE is working with its current vendors, including epay, to provide additional cash-based services to its SunPass customers in the coming months.

“epay is extremely pleased to be partnering with FTE to offer a simple payment method to SunPass cash customers through our innovative technology platform,” said Eric Mettemeyer, Managing Director of epay Americas/APAC. “When customers reload their SunPass account at an epay location, they also have access to other cash-based products, such as prepaid wireless top-ups, bill payments and Internet credits.”

In June 2010, Florida’s Turnpike Enterprise became the first toll agency in the U.S. to provide its customers a program to replenish their transponders with cash at retail locations. FTE is a leader in transportation and continually strives to provide its customers value in the form of safety, service and convenience.

Source: Business Wire

Filed Under: News Tagged With: ePay, Florida Turnpike Enterprise, SunPass

STAY INFORMED

Twitter: MobilePmnt

Tags

American Express android Apple Apple Pay AT&T Bank of America boku China Facebook Gemalto google Google Wallet Intuit iPhone Isis MasterCard mFoundry Microsoft mobile banking mobile commerce mobile conferences mobile conferences 2011 MobilePayment Mobile Payment Research 2015 MobilePayments mobile wallet NFC Nokia Obopay Orange PayPal Research and Markets Samsung SMS Sprint Square Starbucks T-Mobile Unbanked VeriFone Verizon Visa Vodafone Wells Fargo Zong

News

Visa “Tap to Phone” Adoption Grows Rapidly

Today, Visa announced that Tap to Phone has experienced a 200% increase over the past year.

Is Your Business PCI Compliant?

A simple guide answering some frequently asked questions as well as debunking a couple myths about PCI compliance.

Nets and Oberthur Technologies Offer Mobile Payments to Scandinavian Banks

Nets, a payments service provider in Northern Europe, and OT (Oberthur Technologies), a global provider of embedded security software products, services and solutions, are partnering to service banks with a financial platform to support future international mobile payment means in the Nordics.

Kohl’s to Launch Mobile Payments

Kohl’s (NYSE: KSS) announced today the nationwide launch of Kohl’s Pay, a mobile payment option which integrates the Kohl’s Charge private label credit card into Kohl’s mobile app. Kohl’s Pay allows more than 25 million active card holders across the country to pay for their in-store purchases with their Kohl’s Charge card directly from their mobile device. Kohl’s Pay also its customers to apply their Kohl’s offers, Kohl’s Cash and Yes2You Rewards with a single transaction right from the mobile device at checkout.

Apple in Talks with Banks to Develop Mobile Person-to-Person Payment Service – Update – NASDAQ.com

Apple Inc. is in discussions with U.S. banks to develop a mobile person-to-person payment service that would compete with PayPal Inc.’s popular Venmo platform, according to people familiar with the talks. The talks are ongoing, and it is unclear if any of the banks have struck an agreement with Apple, these people said. Key details […]

  • Home
  • About Us
  • Copyright & Terms
  • Contact