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Paying by credit cards in Philly Taxi's - Review by citysearch c | Olde City Taxi Coach Assoc Inc

Olde City Taxi Coach Assoc Inc

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Paying by credit cards in Philly Taxi's 12/24/2010

Why blame a minimal wage cab driver for refusing to accept a mode of payment that takes away 5% to 10% fee from his gross earnings and puts it in the hands of bankers and credit card companies, who get paid hefty bonuses. It is estimated that cab drivers have to pay roughly $50.00 a week as bank fees. That's $2,600 a year per driver! For people in the service industry or business, that would be the same reaction if the Government announced a 5% to 10% increase in the taxes they would have to pay. Or, what if employers started charging 5% service fee to do a direct deposit. Moral of the story: If you want to go cashless, let the consumer or credit card companies spend the bank fees for their convenience and not the immigrant taxi drivers. Or better still, bank fees should be paid by the federal government as they save money on printing bills. FYI, Las Vegas taxis charge customers a $3.00 surcharge on all credit card taxi trips. more
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