Mobile payments could make taxi rides more convenient

taxi qr codes mobile payments system

Cab drivers are starting to investigate the use of smartphones as a transaction method. Although mobile payments may not be taking off in every industry, and smartphone wallets may be falling far behind predictions, there is an area where there is a building interest for the transaction methods, and that is among cabbies. Taxi drivers feel that both they and their passengers could benefit from this type of technology. Cab drivers who have a device to process credit card transactions already do much better than those that accept only cash,…

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