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payment solution awarded contract to operate ring card

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After securing the technological order to implement the payment and card systems at the Ring earlier, the Munich based RFID specialist for multi-functional customer cards is now also in charge of operation and management of the entire system.

Munich / Nuerburg, May 2009 – The operation of the multi-functional card system called “ring°card” which will allow for the imaging of the ticket as well as the payment of other components such as food and drinks or a drive on the famous Nordschleife, on a single card will be run by german based payment solution corp. Cash Settlement & Ticketing GmbH (CST), in charge of ticketing and accounting of all businesses and services at the Ring, has entrusted payment solution with the entire operation by a longterm management contract.

 

payment solution has already gained a good reputation in its home country Germany and abroad for its successful full-service operation of cashless payment systems in well-known stadiums. Among others, the Rhein-Neckar-Arena (Sinsheim), the Commerzbank-Arena (Frankfurt), the RheinEnergieStadion (Köln), the Fritz-Walter-Stadion (Kaiserslautern), the Lipperlandhalle (Lemgo) and the Ricoh Arena (Coventry/England) work by this concept.

On Easter weekend, the company already successfully ran the operation of the legendary “Car-Friday” when several thousands of Nordschleife fans, car lovers and racing enthusiasts celebrated the unofficial Nordschleife season’s opening. “With payment solution AG, we assign a company who, like no-other, has already proven successful operations management of multi-functional card systems. We are sure that our service and comfort-orientated card system ring°card will be in professional hands and a visit to the Nuerburg Ring will be an memorable experience for our visitors”, says Kai Richter, managing partner of Cash Settlement & Ticketing GmbH.

Heinz-Peter Stroemsdoerfer, Senior Executive President Sales and Operations of the german based payment solution corp. is happy to secure the award of the comprehensive management contract following those for technology and integration: “We are proud that after the complete installation, we now have been entrusted with management and operations of the ring°card as well. Over the years, we have gained comprehensive experience in operations and thus are able to expand our entire service portfolio by another offer”.
 
About german based payment solution corp.:

payment solution offers comprehensive and integrated payment solutions for stadiums, arenas, theme parks and other leisure and entertainment facilities. With the use of multi-functional debit cards based on contactless RFID chip technology and comprehensive management software the overall system controls the seamless interaction of all relevant components, such as ticketing, access, parking, etc. Increased user-friendliness for visitors, faster transactions and advanced marketing opportunities guarantee increase in revenue and profit for the operating companies.
The experienced service provider covers all relevant fields from conceptual consulting to IT services and operating the complete system. payment solution offers the unique business model for complete equipment and operation of a cashless system with the native brand “justpay” including complete assumption of investment and ongoing operating costs.
payment solution - we create convenience


Press contact:
german based payment solution Corp.
Frederik Herr
Tel: +49 (0) 40 – 556 203 484
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