VeriFone Announces Agreement for In-Taxi Acceptance of Credit Cards with New York’s Largest Taxi Leasing Association

Now we're talking. There is nothing worse than burning cash on a business trip or vacation for taxi's.

from The Greensheet – July 12, 2007)VeriFone Holdings, Inc. announced today an agreement to be the preferred vendor of integrated payment solutions to the largest licensed taxi leasing association in New York City, the Committee for Taxi Safety with 3,000 member taxis. VeriFone also announced that more than 5,000 New York City taxis are signed or committed to comprehensive multi-year agreements for in-taxi acceptance of credit cards. Last month, systems implemented by VeriFone's US-based taxi business, VeriFone Transportation Systems, were the first authorized by the NYC Taxi and Limousine Commission (TLC) for the city's more than 13,000 taxis. Jeff Dumbrell, VeriFone senior vice president, North America, said, "New York City currently has over 13,000 active yellow cabs that have been mandated to provide card payment and passenger information services by the end of the year. We are continuing our sales campaign and expect to make further progress in the months ahead."
Committee for Taxi Safety Agreement