CPA 3.0, an integral component of our NextCity suite, provides a secure payment gateway directly to merchant acquiring banks or other financial institutions.
San Diego, CA (PRWEB) June 10, 2013
Cubic Transportation Systems, a leading integrator of payment and information technology and services for intelligent travel solutions, today announced that the latest version of their Cubic Payment Application (CPA 3.0) has been successfully “Validated According to PA-DSS v2.0” by the PCI Security Standards Council, and is listed as “Acceptable for New Deployments” on the Payment Card Industry Data Security Standards (PCI-DSS) website.
“Today, merchants accepting credit and debit cards are required by their acquiring banks to comply with PCI DSS,” said Janet Koenig, Cubic Transportation Systems’ director of Central Systems. “CPA 3.0, an integral component of our NextCity suite, provides a secure payment gateway directly to merchant acquiring banks or other financial institutions. PA-DSS certification of CPA helps transport operators and authorities to achieve PCI DSS certification by providing one less step for them to worry about.”
CPA 3.0 is architected to provide optimum performance for securely processing legacy closed-loop payments (such as agency issued transit smartcards) as well as emerging forms of payment including open-loop (bank-issued contactless cards), mobile and EMV payments. Key features of CPA 3.0 include support for:
- Account-based payments, as processed by Cubic’s NextAccount, which is essential for open payments, mobile, parking and tolls.
- European and North American adoption of global EMV payments standards
- Emerging transit-specific transaction authorization and processing policies
- Concurrent connections to multiple acquirers
Previous versions of CPA, including CPA 2.0101, have also been certified as a Validated Payment Application.
For more information about Cubic’s solutions for intelligent travel, please visit http://cts.cubic.com/ or call 1-858-268-3100.
About PCI Security Standards Council
The PCI Security Standards Council is made up of the five major payments brands – Visa, MasterCard, American Express, Discover Financial Services and JCB International – and is responsible for developing, managing, educating and generating awareness of the PCI Security Standards.
About Cubic Transportation Systems
Cubic® Transportation Systems, Inc., is part of Cubic Corporation. Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systems is a leading provider of realistic combat training systems and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services for U.S. and allied nations.
Cubic® Transportation Systems, Inc., is a leading integrator of payment and information technology and services for intelligent travel solutions. Cubic delivers integrated solutions that help transport operators manage their operations and services and give passengers choices in the smartest and easiest ways to pay their fares. Cubic specializes in design, development, manufacture, supply, installation, integration, services and information. Services provided by Cubic include on-site management, central systems, operations support, patron support, business support and field services.
Every year, nearly 7 billion rides are taken worldwide using Cubic payment and information systems. Cubic has delivered over 400 projects in 40 major markets on five continents. Active projects include London; Brisbane (Southeast Queensland) region, Australia; New York/New Jersey region; Washington, D.C. /Baltimore/Virginia region; Los Angeles region; San Diego region; San Francisco region; Minneapolis/St. Paul; Chicago; Atlanta region; Miami (South Florida) region; Vancouver and Edmonton, Canada; Sydney (New South Wales), Australia; Germany; and Scandinavia.
For more information about Cubic, see the company’s website at http://www.cubic.com.
Montner & Associates
PH: 203-226-9290 ext. 112
Timothy A. Hill
Director of Corporate Communications