What if instead of a squawking box, capable only of blaring at you from the partition, Taxi TVs looked more like your smartphone and came stocked with apps like Foursquare? Square, the mobile payment company headed by Jack Dorsey, is trying again with a daring proposal for the Taxi and Limousine Commission: a pilot program that would replace Taxi TVs in 50 cabs with iPads or other tablets.
TLC chairman David Yassky said the tablets would also enable the commission to test out Square’s mobile payment technology “and swipe a credit card at any point in the trip,” reports the New York Times. It should come as no surprise to Brooklyn-dwellers who’ve to had to promise to pay cash in order to get back from Manhattan, but the current credit card system, controlled by Verifone and Creative Mobile Technologies, is hard on cabdrivers, who have to eat the fee for the transaction. With Square, there’s a chance to push down the price of transactions. Read More