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Taxi drivers accept payments with Visa and MasterCard using 2can mobile terminals

Russian startup 2can (ZAO Smartfin) announces the completion of the test operation and commencing of large-scale expansion of mobile acquiring service for taxi drivers. At the initial stage of the project 2 more than a dozen taxi companies inMoscow, St. Petersburg, Ufa, Kazan, Krasnodar, Novosibirsk, Sochi and Krasnoyarsk began to start using 2can mobile terminal. During the test operation Angel, Moscow and Bely Bars, Kazan taxi company had enough time to equip about 100 and 60 cars, respectively, with 2can mobile terminals, while to date the total number of taxi vehicles signed-up for 2can service has already exceeded 400.

With the purpose of the rapid integration of 2can mobile terminal with software available in any taxi company, specialists of ZAO Smartfin have developed the Application Program Interface – API.
2can is an innovative service for accepting payments by bank cards enabling to use a smartphone or a tablet PC as a secure mobile device to accept card payments in any place and at any time. 2can mobile terminal is a special application and a card reader, which turn a smartphone into a terminal for accepting Visa and MasterCard payment cards. 2can service is focused on online shopping (e-stores), taxi drivers and entrepreneurs who for financial or organizational reasons cannot benefit from conventional POS terminals. Venture capital funds such as Almaz Capital Partners, InVenture Partners and a number of business angels have already invested into the development of 2can project.
“Obvious advantages for taxi drivers when using our service lie in an opportunity to accept bank cards directly in their cars. In addition, there is no need for them to stay about town whenever they need to change money, and their clients don’t need to look for an ATM to pay for the trip in cash” – said Maxim Morozov, Director of Business Development of ZAO Smartfin.

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