Wirecard, the electronic payment and risk management services provider, will provide mobile card reader solutions for smartphone app myTaxi.
IntelligentApps, the Germany-based startup behind the app, has partnered with Wirecard to allow taxi drivers to settle fees without cash – including trips not ordered through the app.
Go deeper with GlobalData
The mobile smartphone add-on, dubbed ‘myTaxi card reader’, is currently being launched in Germany, Spain and the US, accepting MasterCards and EC-cards, with Visa looking set to follow.
Niclaus Mewes, myTaxi’s co-founder and chief executive, said: "We have more than 20,000 connected taxis, which gives us the most extensive access to the taxi market compared to our competitors."
The myTaxi app handles the payment process, with Wirecard processing and accepting the stored credit card data.
Customers confirm payment by signing on the smartphone’s touch screen, and may receive an email receipt.
Last year myTaxi launched the first mobile payment system with myTaxi Payment, allowing taxi fees to be paid from one smartphone to another.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataRelated articles:
Kuwait buses enable mobile payments
RIM uses Bell ID software for NFC mobile payment facility
