Rarest Words

With electrical engineering training from Tel Aviv University in Israel under his belt, Amos Tamam arrived in America ready to use his knowledge. In the early ’80s, it was the taxicab industry that provided him his first opportunity. Today, that same industry continues to drive his ideas and endeavors.

Adopting technology and adjusting it to the taxi industry is a passion of Verifone Transportation Systems, Inc. CEO Amos Tamam. His decades of experience in the industry began upon his arrival from Israel in the early 1980’s. Fortified with training in electrical engineering, he inevitably immersed himself in the taxi fleet environment working on repairing taxis. He also gained invaluable know-how on fleet management.

As he acquired knowledge of the business he implemented his technical acumen to the development of the first credit card taxi meter. He later played a major role in developing and disseminating an advanced taximeter, the Taxitronic (TX36). Now, as head of Verifone Transportation Systems, Inc., Amos Tamam oversees the Company’s taxi fare payment and automation systems in cabs in New York City and Philadelphia.

The payment system uses a taximeter that connects to a credit card reader and a wireless modem. This modem links the system to the fare payer’s financial institution. The transaction completes upon authentication and charge approval. The system contains a receipt printer for a transaction record. The taxi customer then has a record of the date, time, taxi company car number, and other information. The system promotes efficiency, is cost-effective, and means cab drivers can carry less cash.

Amos Tamam upholds his commitment to serving the taxi industry. He is in negotiations to introduce his wireless technology for cab fare payments to fleets in other U.S. cities. His dedication to technological innovation drives his taxi industry efforts. He works to ensure Verifone Transportation Systems, Inc. is the leading developer of new innovations in the industry.