Why Are Mobile EFTPOS Machines Essential for Taxis?

Historically, cash payments dominated the taxi industry. While this method worked for years, it came with significant challenges, including security concerns, the hassle of carrying exact change, and the inconvenience for both drivers and passengers. The introduction of credit and debit card payments changed the game, making transactions smoother. However, with the rise of digital wallets, contactless payments, and new financial technologies, mobile EFTPOS machines have become the preferred payment method for many taxi operators worldwide.