Organisations across Australia rely on taxi cards to enable clients, employees, and program members to travel seamlessly from A2B. Whether it’s corporate travel programs, government initiatives, or community transport services, having a secure and efficient payment solution is crucial. However, recent reports have shed light on significant challenges within the taxi card industry, particularly regarding fraud and a lack of transparency.
As organisations and individuals seek more secure and reliable transport payment solutions, it’s essential to explore alternatives that offer better oversight, security, and ease of use. The FAREPAY Transport Card is designed to address these concerns, providing a modern, controlled, and flexible payment solution for businesses, government programs, and individuals. Read on to discover how your organisation can benefit.
The challenges of traditional taxi cards and taxi vouchers
Many organisations rely on taxi cards, cab charge vouchers, and other corporate transport payment solutions to facilitate travel for employees, clients, and program participants.
However, traditional systems have revealed several limitations:
- Restricted transport options: Some taxi cards limit users to specific providers, reducing flexibility.
- Fraud and misuse: Instances of fraudulent transactions and unauthorised use have been widely reported.
- Limited oversight: Organisations often struggle to track and monitor spending effectively.
- Outdated payment methods: Paper-based vouchers and manual reconciliation processes can be inefficient and prone to errors.
- Complex administration: Managing taxi card eligibility and handling reimbursements can be cumbersome.
How the FAREPAY Transport Card provides a better solution
The FAREPAY Transport Card is a prepaid, controlled spending solution designed to provide users with the flexibility to choose their preferred transport method while ensuring security, transparency, and ease of management. Here’s why organisations are making the switch:
- Enhanced security and fraud protection. Unlike traditional cab cards, FAREPAY CARD is powered by Mastercard, and covered by Mastercard’s Zero Liability policy. This means cardholders are protected from unauthorised transactions made with their prepaid card, so they won’t be held responsible for fraudulent charges.
- Full visibility and transparency. FAREPAY provides organisations with real-time transaction tracking, allowing for greater oversight of transport spending.
- Easy management and distribution. Managing taxi cards and taxi vouchers can be time-consuming. With FAREPAY, organisations can easily order and load cards via our self-serve client portal. Cardholders can manage their cards through a dedicated app or website, making the process seamless and user-friendly.
- Flexibility to choose transport providers. Many taxi voucher programs restrict users to a single provider. FAREPAY offers greater flexibility, enabling users to choose the transport service that best suits their needs, whether it be taxis, rideshare, public transport or other transport providers across Australia.
- A modern, digital-first approach. While some traditional taxi payment systems still rely on paper-based cab charge e-vouchers, FAREPAY is available as a digital or physical prepaid card. This reduces administrative burden for organisations.
Who can benefit from FAREPAY?
FAREPAY is ideal for businesses, government organisations, and programs that support transport for employees, clients, and vulnerable individuals. This includes:
- Corporate travel programs: Businesses looking for a secure and transparent way to manage employee transport expenses.
- NDIS providers and participants who require a controlled and trackable taxi card solution.
- Aged Care providers: Organisations assisting elderly individuals with transport through a taxi card service.
- Schools, Universities and educational institutions that need to provide safe and accountable travel solutions for students and staff.
- Government and welfare programs: Organisations offering transport assistance through taxi voucher programs.
The future of transport payment solutions
With growing concerns over fraud, outdated processes, and limited transparency, organisations are seeking alternatives. The FAREPAY Transport Card is leading the way in providing a secure, flexible, and easy-to-manage transport payment solution that meets the evolving needs of businesses and individuals alike.
If your organisation is looking for a more reliable transport payment solution, it’s time to consider FAREPAY.
Call us on 1300 181 032 or email us on [email protected] to learn how we can help improve the way you manage transport expenses while ensuring security and compliance. Our award-winning team would be happy to assist you.
