Information for Transit Authorities, Transit Vendors and Transit Providers
Transportation fringe benefits are used for the purchase of transit passes, transit fare media and transit services (i.e., vanpool). Benefits are valid for the exact denomination amount until the expiration date as shown on the front of the item. To receive payment, simply endorse and process each item with other daily check deposits. Customers cannot use benefit for non-transportation or non-transit related purchases or exchange for cash.
Transportation Fringe Benefit Facts
- TranBen, Ltd.® provides a valid benefit payment for any transit pass, fare media or transit services.
- Benefits can be used only for transportation or transit related purchases.
- Benefit vouchers may not be exchanged for cash.
- If transit purchase exceeds amount of benefit voucher, the customer may pay difference out of pocket.
- If transit purchase is less than amount of benefit voucher, NO cash is due back to the customer.
- Benefit voucher comes in any denomination.
- Transit Authorities, Transit Vendors & Transit Providers simply endorse back of item and process with other daily deposits in order to receive full payment.
Features Include:
- Multiple pantograph designs
- Chemical Void & Copier Void
- Visible, Invisible & Fluorescent Fibers
- Thermochromatic (Heat-Sensitive) Ink
- Dual Watermarks - True & Opaque
- TranBen's toll-free support number, prominently printed on every TranBen, Ltd.® item.
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