4 Reasons Taxi Drivers Should Consider a Card Reader

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Written by Michael Foote , founder of Quote Goat, with over 13 years experience working in the finance, insurance and currency sectors.

Paying for goods or services by digital means has never been more popular or widespread than it is today. In fact, with Covid still on the rampage across the globe, in many establishments cash payments aren’t currently permitted, meaning it’s actually obligatory to pay with your credit or debit card.

A lot of taxi drivers still only take cash, but a growing number of cabs are now equipped with card readers for customers to pay with plastic. This comes as no surprise, as there’s never been a better time to jump on the bandwagon and start taking card payments. Here’s why you should seriously consider getting a card reader for you taxi, particularly when it comes to the rise in popularity of ride-sharing apps like Uber and Ola taxi.

Safety first

Although we’re all doing what we can to prevent the spread of Covid, depressingly we’re about to hit a second wave, which some are predicting could be even worse than the first. This means we should do all we can to help prevent the spread of the virus, and one of the ways the virus can be transmitted is when an infected person passes an object to someone else.

To limit the possibility of transmission for both you and your customers, install a card reader with contactless payment option and you won’t have to unnecessarily handle cash helping to keep everyone safe.

Read our guide on how to stay safe whilst driving a taxi during Covid.

Puts customers mind at ease

With people worried about contracting the virus amid the current rise in cases, it’s not only business owners who are reluctant to make transactions with cash; anxious customers are now more eager than ever to pay using their card. Having a card reader can give your customers peace of mind, which could prevent you losing jobs from punters who refuse to deal with cash.

Saves time

When you’re dealing with pockets full of cash on a daily basis, you’ll need to make regular trips to the bank. With a card reader, you won’t need to worry about that as all your fares will be deposited into your bank account immediately.

Keep up with technology

If you’re still unconvinced, let’s keep it short and simple: get with the times! Whether we like it or not, cash is becoming less and less common and in the not-too-distant future we’ll live in a totally cashless society.

As someone providing a service, you should be looking to embrace technological progress to offer flexibility and convenience for your customers, so if you haven’t already then it’s time to join the revolution and get yourself a card reader.

If you’re a taxi driver, have you checked out our trusted price comparison page? See if you could save money when you compare taxi insurance with Quote Goat now.



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