Ticket Cab offers new revenue stream to London’s black taxis

Industry-leading technology set to help boost cabbies’ income

London, August 2016: ECR Retail Systems, the London-based Mobile Point of Sale (MPoS) specialist, today announced the launch of TicketCab which is set to supply its mobile payment and ticketing solution exclusively to London’s black cab drivers.

The system, which has been approved by TfL, will see TicketCab provide cabbies free of charge with handheld payment terminals, equipped with card readers and integral printer.

TicketCab will enable drivers to offer tourists tickets for direct entry into attractions and venues around London. Commission from ticket sales will generate additional income to the driver. Payment is taken and tickets are printed directly from the handheld devices.

Data is transmitted directly from the devices to TicketCab head office, and drivers are able to monitor sales, fares, tips, and commission earned via the system. The devices also enable the driver to accept tips via card as the option is presented to the passenger as part of the transaction.

The system is in line with the upcoming TfL contactless mandate and is fully compliant with payment card industry regulations.

During the pilot stage of the project, TicketCab will deliver 100 lightweight ECR Go!2 terminals with plans to roll out an additional 300 in phase 2. TicketCab will only be made available to black cabs

TicketCab has been developed by ECR who currently supply the Big Bus Company with its payments solution selling tickets both on board and on street.

Simon Pont, CEO, ECR Retail Systems, said: “This is great opportunity for us to help London’s cab drivers to benefit from a whole new revenue stream. Whilst cabbies are known by tourists for their knowledge of London and its attractions, it has never before been so easy for them to add to the experience and offer the city’s visitors something extra. We believe that the possibility of buying a ticket in-cab, from the trusted source and saving valuable time avoiding queues will be of real benefit – both to driver and to London’s tourists.”

https://www.ecr.co.uk/2016/08/11/ticket-cab-offers-new-revenue-stream-to-londons-black-taxis/