Tuesday, March 31, 2009

Amos Tamam Offers Cab Drivers A Way to Accept Credit Card Payments

Amos Tamam has made it easier to pay for cab rides in New York thanks to the invention allowing riders to pay for cab rides with credit cards. Amos Tamam, who started out as a cab driver, realized that money was being lost by cab drivers not accepting credit cards for payment. He also knew that accepting card payments would prevent cab drivers from having to carry so much loose cash around, making them targets for robbery.

Amos Tamam is currently negotiating with other cities so that cab drivers everywhere can use the wireless device to receive payment. Right now the only states accepting credit card payments for cab rides are New York and Philadelphia.