Saturday, November 21, 2009

Taxis and Credit Cards - the dark side

Remember how the other day I commented on a New York Times article lauding the credit card as saving the New York taxi industry while the rest of the economy was flushed down the toilet?

Today, I'm hooking you up with a dissenting opinion, an op-ed in the Huffington Post by Melissa Plaut, NYC Taxi driver extraordinaire and author of Hack: How I Stopped Worrying About What to Do with My Life and Started Driving a Yellow Cab.

Her point? Yes, plastic has kept the industry afloat, but drivers appear to be taking a pay cut due to "credit card processing fees, payment delays, bunk cards, chargebacks, and system failures."

Discuss amongst yourselves. Or, even better, in the 'comment' section below.

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