Verifone Launches Curb in Five New U.S. Cities
July 21 2016 - 9:00AM
Business Wire
Curb is the Only National Taxi Ride-Hailing App
to Compete Head On with Ridesharing Companies
Verifone (NYSE: PAY) today unleashed the power of Curb, the
first and only national ride-hailing app for taxis, in New York,
Philadelphia, Miami-Ft. Lauderdale, San Jose, and the Washington
D.C. area, making the traditional taxi industry more competitive
than ever with private car services. Additionally, the number of
taxis equipped with Curb has expanded in Chicago and Los
Angeles.
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Curb App Launch (Photo: Business
Wire)
Now live in 65 cities, Curb connects to more than 50,000 taxis,
and is used by 100,000 professional taxi drivers. Among its many
benefits, Curb offers quick and easy ride-hailing from any iOS or
Android smartphone, automatic e-payment with digital receipts, and
predictable metered fares with no surge pricing.
“Curb is the best option for passengers who want the convenience
of e-hail, but also want the safety and predictable pricing of
traditional licensed taxis,” said Amos Tamam, senior vice
president, Global Taxi Systems for Verifone. “It’s also the first
app with an advance booking feature for cabs, available today in
most major markets, including New York City, Chicago and Los
Angeles.”
Ride Now or Ride Later
Using Curb to e-hail a cab is as simple as pressing Ride Now on
the smartphone app and confirming a pickup location. There’s never
any surge pricing; users pay just what’s on the meter, plus a
nominal flat fee for hailing on the app. When the ride is over,
payment is automatic. The app’s advance booking feature enables
passengers to pre-book from 15 minutes to 24 hours in advance by
simply pressing the Ride Later button.
“As we expand the number one taxi hailing app in the U.S., we
are continuing to level the playing field for hundreds of thousands
of properly licensed, professional taxi drivers across the
country,” Tamam said.
Backed by the leading provider of taxi systems in the U.S., Curb
is the only ride-hailing app for traditional taxis that is national
in scope and is specifically engineered by the industry leader in
taxi technology to integrate with the widest install base of
in-taxi systems in the country.
About Verifone Taxi
Systems
Verifone Taxi Systems powers more than 120,000 cabs in more than
160 cities across the globe with secure payments, cloud-based
dispatch systems and fleet management tools, mobile apps, and
digital media.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 for VeriFone Systems, Inc.
This press release includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements are based on management's current
expectations or beliefs and on currently available competitive,
financial and economic data and are subject to uncertainty and
changes in circumstances. Actual results may vary materially from
those expressed or implied by the forward-looking statements herein
due to changes in economic, business, competitive, technological
and/or regulatory factors, and other risks and uncertainties
affecting the operation of the business of VeriFone Systems, Inc.,
including many factors beyond our control. These risks and
uncertainties include, but are not limited to, those associated
with: successful rollout of our Curb taxi e-hail solution in new
markets, execution of our strategic plan and business initiatives
and whether the expected benefits of our plan and initiatives are
achieved, short product cycles and rapidly changing technologies,
our ability to maintain competitive leadership position with
respect to our payment solution offerings, our assumptions,
judgments and estimates regarding the impact on our business of the
continued uncertainty in the global economic environment and
financial markets, our ability to successfully integrate acquired
businesses into our business and operations, our ability to protect
against fraud, the status of our relationship with and condition of
third parties such as our contract manufacturers, distributors and
key suppliers upon whom we rely in the conduct of our business, our
dependence on a limited number of customers, the conduct of our
business and operations internationally, our ability to effectively
hedge our exposure to foreign currency exchange rate fluctuations,
and our dependence on a limited number of key employees. For a
further list and description of the risks and uncertainties
affecting the operations of our business, see our filings with the
Securities and Exchange Commission, including our annual report on
Form 10-K and our quarterly reports on Form 10-Q. The
forward-looking statements speak only as of the date such
statements are made. Verifone is under no obligation to, and
expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, changes in assumptions or otherwise.
About Verifone
Verifone is transforming everyday transactions into
opportunities for connected commerce. We’re connecting payment
devices to the cloud—merging the online and in-store shopping
experience and creating the next generation of digital engagement
between merchants and consumers. We are built on a 30-year history
of uncompromised security with approximately 29 million devices and
terminals deployed worldwide. Our people are known as trusted
experts that work with our clients and partners, helping to solve
their most complex payments challenges. We have clients and
partners in more than 150 countries, including the world’s
best-known retail brands, financial institutions and payment
providers.
Verifone.com|(NYSE: PAY)|@verifone
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160721005338/en/
for VerifoneGene Cyranski,
212-299-8966Gene.Cyranski@Zenogroup.com
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