walkitout (walkitout) wrote,
walkitout
walkitout

Cash and Cabs

I asked a friend in Seattle if Uber was out there and if she had used it; she couldn't see any advantage over a cab, since cabs in Seattle had been taking credit cards for about 8 years. I think the transition occurred a little later out here:

http://www.wbur.org/2011/02/15/cab-credit-cards

The article is a nice piece of analysis and worth reading in its entirety. The regulators are unimpressed about driver complaints regarding the processing fee -- they say they built that cost into the most recent rate increase they authorized.
Tags: our future economy today
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