What if you could pay with a other form other then cash for a cab fair ? That would indeed come in very handy, because you not always have the exact cab fair on you. Especially if its unclear how much you have to pay for the destination you have to go to.
[ WHY ]
Whilst going to meeting last week with my Managing Director. We took a taxi to where to meeting was. I noticed that no taxi accept credit cards or checks. Which means you always have to pay with cash.
Not always handy if you have to head over to a meeting quickly and you notice that you do not have sufficient cash on you to pay for the cab fare.
The great thing is that VISA recently started a service called payWave which allows you to pay by your VISA card for payments of £10 pounds or less at the moment.
[ WHERE ]
This could potentially be rolled out in cabs worldwide. Since the proposal is already based on existing technology the cost of developing such a machine as illustrated below would not be very significant.
Click on the image for a larger version.
[ FUNCTIONS & FEATURES ]
When the cab fair is due the only thing you would have to do is place your VISA payWave card on the card reader and that's it. After that a small receipt will be printed with a summary of your trip including,
- Time and date
- Cab fare
- VAT
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