Feeds

London's black cabs get wireless payment kit

Dismiss your cabbie with a wave

Top three mobile application threats

Royal Bank of Scotland is to fit proximity-payment readers into 25 London taxies, allowing punters equipped with wave-and-pay cards to settle any fare under a tenner with a touch of the card.

Most London cabs accept credit cards these days, although some still resort to card-impression machines, but the percentage that has to be paid to the card-issuing company makes that ineffective for small amounts - taxies in Glasgow threatened to refuse chip and PIN transactions for less than £12, and charge passengers £1.50 for the privilege.

Proximity payment systems, such as wave-and-pay - or PayPass as the Royal Bank brands it - take a smaller percentage. They therefore make more sense for lower-value transactions, but if the system is going to get any acceptance from taxi drivers the issue of how to tip will need to be solved.

When one had to sign a credit card slip there was usually a blank line, headed "gratuity" into which one could write an amount for the tip. With chip and PIN that option disappeared, and it's taken a few years for terminals to start asking if you'd like to add a tip before entering your PIN. But with proximity payments there is no PIN, nor screen to interact with, so adding a tip becomes more difficult.

The 25 drivers involved in the pilot probably won't care, but if the system is to be more widely deployed, then perhaps a big red button marked "ADD TIP" is in order. But the cabbies still won't take you south of the river after midnight. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T dangles gigabit broadband plans over 100 US cities
So soon after a mulled Google Fiber expansion, fancy that
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
Turnbull gave NBN Co NO RULES to plan blackspot upgrades
NBN Co faces huge future Telstra bills and reduces fibre footprint
NBN Co plans fibre-to-the-basement blitz to beat cherry-pickers
Heading off at the pass operation given same priority as blackspot fixing
NBN Co in 'broadband kit we tested worked' STUNNER
Announcement of VDSL trial is not proof of concept for fibre-to-the-node
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.