09.21.09

Amos Tamam Making the Taxi Industry Efficient

Posted in Credit Issues, House Of Technology, Wheelers at 3:31 am by admin

With electrical engineering training from Tel Aviv University in Israel under his belt, Amos Tamam arrived in America primed to put his knowledge to use. In the early ’80s, it was the taxi industry that provided him his first opportunity. Today, that same industry continues to drive his thoughts and endeavors.

Adopting technology and adapting it to the taxi industry is a passion of Verifone Transportation Systems, Inc. CEO Amos Tamam. His decades of experience in the industry began upon his arrival from Israel in the early 1980’s. Armed with training in electrical engineering, he inevitably immersed himself in the taxi fleet environment working on repairing taxis. He also earned invaluable know-how on fleet management.

As he acquired knowledge of the business he applied his technical insightfulness to the development of the first credit card taxi meter. He later played a major role in developing and disseminating an advanced taximeter, the Taxitronic (TX36). Now, as head of Verifone Transportation Systems, Inc., Amos Tamam oversees the Company’s taxi fare payment and automation systems in cabs in New York City and Philadelphia.

The payment system uses a taximeter that connects to a credit card reader and a wireless modem. This modem links the system to the fare payer’s financial institution. The transaction finishes upon authentication and charge approval. The system accommodates a receipt printer for a transaction record. The taxi customer then has a record of the date, time, taxi company car number, and other information. The system promotes efficiency, is cost-effective, and means cab drivers can carry less cash.

Through Verifone Transportation Systems, Inc. Amos Tamam continues his technological innovations. The Company is the first manufacturer to initiate and deliver the first integrated, taximeter based mobile card processing system. They are not resting on their laurels, as they continually develop methods to serve their taxi fleet customers better.

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