Taxicabs to Begin Accepting Credit Cards

It was recently announced that Yellow Cab in New York City will soon be making it possible for passengers to “quickly and easily” pay fares with a credit card. Right now, only a few cabs allow this type of payment and the process isn’t exactly convenient. But very shortly, consumers should anticipate the process becoming a whole lot easier. Apparently, the cabs will soon come equipped with built-in touch screens that passengers can use to make their payments via credit cards.

These touch screens will also make it possible for passengers to to do a number of other things including looking up local restaurant reviews, checking on local weather reports as well as flight arrivals and departures and even to track and map their current routes. This is a great idea for a number of reasons, not the least of which is simplifying the transactional nature of a cab ride for both the consumer and the cab companies.

As always, this new advancement in technology just might make it a bit easier for thieves to take advantage, but all in all, it seems to be a pretty practical and useful idea for all parties involved.

Stay tuned for feedback.

One comment

  1. Hi, Excellent topic and article. I would like to introduce my app called BILLING Credit Card Terminal. It is available in the itunes app store for just 99¢ which allows Cab Drivers to easily and securely accept all major credit cards without the need for expensive hardware or crazy high rates imposed by the cab companies that bundle the equipment. As an alternative to all that imposed regulations and profit loss cab drivers around the US can take advantage of industry low rates with no commitments, no hidden fees and no setup costs. The app is perfect for cab drivers simply because it supports tips, on screen touch based signature capture and instant customizable email receipt.

    Although we do not force users of our app to use our merchant account bundle we encourage new merchants to consider the offer as follows and bundle.

    Check out the app and Video review on our site:

    My Dad is a cab driver and his situation led me to create BILLING Credit Card Terminal. We have well over 1000 Cab Drivers in Miami using our solution.

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    Hope this helps some folks accept credit card payments easier and with much better profitability.

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