Watch Out Verifone, Mobile Payments Platform Square Is Headed To New York City Taxi Cabs

As we heard last week, mobile payments platform Square pitched the New York Taxi and Limousine Commission to replace the current taxi TVs and payments technology in 50 cabs. The company says today that the pilot has been approved, and Square will be tested in up to 30 cabs in the test. AllThingsD?first reported the news. Drivers in the pilot will use a version of Square?s existing software modified with new features specifically designed for taxis. An iPhone will be plugged into the meter, from which drivers can select tolls, view current traffic patterns, receive messages, and be able to view their trip history.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/oDmzZ-2DGgc/

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