HID Global said that the new solution enables a single piece of equipment to process ATM and automatic fare collection transactions.

Both the companies worked with an international bank to design and develop the new, converged solution, which adds HID’s interoperable cashless payment reader technology to Wincor Nixdorf’s ProCash ATM platform.

According to the HID, the readers will enable the Wincor Nixdorf ATM system to support the Calypso transit card protocol and DESFire contactless smart card technology, plus MIFARETM contactless smart cards to meet future banking requirements.

HID added that the system is designed to improve efficiency and cut costs for transit authorities and banks while offering better convenience for consumers, increasing customer loyalty.

HID Global vice president of cashless payment Rene van Ryt said that by adding reader technology to Wincor Nixdorf’s ATM platform, the two companies have created a converged solution with some truly exciting benefits for transit riders and operators.