Quantum key distribution schemes which employ encoding on vacuum-one-photon qubits are capable of transferring more information bits per particle than the standard schemes employing polarization or phase coding. We calculate the maximum number of classical bits per particle that can be securely transferred when the key distribution is performed with the BB84 and B92 protocols, respectively, using the vacuum-one-photon qubits. In particular, we show that for a generalized B92 protocol with the

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... cuum-one-photon qubits, a maximum of two bits per particle can be securely transferred. We also demonstrate the advantage brought about by performing a generalized measurement that is optimized for unambiguous discrimination of the encoded states: the parameter range where the transfer of two bits per particle can be achieved is dramatically enhanced as compared to the corresponding parameter range of projective measurements.