Cardtek Aims to Positively Change the Future Outlook for Creating Smarter Cities Nationwide

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CHICAGO, June 2, 2015 /PRNewswire/ --

Following its success for installing end-to-end smart transportation systems in Azerbaijan, India, and select Turkish cities, Cardtek, a leading software developer for financial transactions and providers of EMV migration solution, is now able to offer solutions to transform the transportation industry in U.S. cities. Smart transportation solutions not only provide dynamic cost measurement, faster integration with banking systems and significantly improve fare collection on behalf of carriers, but also eliminate ticket purchasing lines and reduce the costs for ticketing appliances, offering a beneficial solution for city officials.

With "one card for the whole world" goal in mind, Cardtek also aims to adapt mobile systems into smart card technologies with the vision to encourage metropolitans to use one card for managing various aspects of one's daily routine. Be it Istanbul or Chicago, with Cardtek solutions, it has now become a reality to shop, pay bills, travel, or even open one's home door with a single contactless smart card.

The United Nations estimated that by 2050, 66% of the world population will live in urban areas. In noting the rising trend of smart transportation worldwide, Erdal Yazmacı, Chief Channel Officer of Cardtek, says, "The demand for smart transportation is so high that 10 different states in the U.S. are now expected to hold bids this year" and adds, "In the very near future, we will be able to implement easier, safer, and more efficient methods for city life."

Cardtek's smart city solutions, which enable a user-friendly infrastructure, will also bring a wide-range of opportunities for both mobile and transportation operators, while offering North American municipalities the ultimate technology to solve the crucial issues inner city transportation systems bring, due to rising populations in urban areas.  

About Cardtek  

Cardtek, which operates from six countries including Turkey, USA, Canada, Azerbaijan, India and UAE, was founded in 2001. The group has been in the forefront of the groundbreaking changes in the payment solutions industry, thanks to their effective mobile and digital payment systems, and integrated solutions. For more information, visit Cardtek.com, or LinkedIn.com/company/Cardtek-Group and @CardtekGroup.

FOR MORE INFORMATION CONTACT:
Melisa Yunlu
+1-312-245-9805
[email protected]

SOURCE Cardtek