Daily Payments Now Available with CabCash

CabCard Services are proud to announce the launch of their unique new service, CabCash. Now you can be paid, every day, for your credit and debit card fares.

Here’s how it works:

1. Your passenger pays their fare using their credit or debit card. You take the payment in the normal way using your Chip & PIN terminal.
2. Your money is paid onto your Visa CabCash card. Once you have applied for and received your CabCash card your fares and tips will be paid on to the card. This way your money isn’t paid into your bank account at all, but paid each weekday onto your Visa CabCash card.
3. Use your Visa CabCash card to spend however you want. Your CabCash card is issued in your name, together with a PIN number, and works just like any other debit card. Use the card to pay for whatever you like, in shops, over the phone or online. You can also use it to withdraw cash from ATMs worldwide that carry the Visa logo (just a 75p fee per cash withdrawal).
4. Keep track of your spending and payments received by logging on to the CabCash website, you’ll have 24/7 access to all the card transactions made to and from your CabCash card, online or via your smart phone when you are on the move. So you’ll always know exactly what money has been paid onto your card and what you have spent.

Special introductory offer
For a limited period we are offering a special introductory rate of only £10 to set up your CabCash account. Then when your card is live there’s a charge of just £1.25 a week administration fee.

Sign up now for daily payments with CabCash: www.cabcash.co.uk

For further information about other CabCard services, go to paycabs.com or call us on 0845 491 8410.

Team CabCard goes Viking

The CabCard team has had a busy July. Not only have we launched the CabCash Visa card but we triumphed in the 2010 World Championship Viking Longboat Race.

After a great team effort to row the challenging sea course, we came out on top, securing the position of ‘Best Newcomers.’ You’ll be pleased to know that we put as much effort into customer support for our CabCard drivers as we do our rowing. You’ll also be pleased to know that we don’t always dress like this in the office!

For further information go to paycabs.com or call us on 0845 491 8410.

Central Taxis Get on Board with CabCard

With over 300 vehicles and more than 40,000 bookings a week, Central Taxis are the largest private hire company in Shropshire. They are the latest fleet to sign up to the CabCard service, and Carl Wilday, director of Central Taxis, is delighted with the response he’s had from both his drivers and passengers:

“The service has kicked off positively, even after the first few transactions – it’s fast, reliable and efficient. I was confident that the Chip & PIN terminals were going to be a success and they are. It’s a brilliant concept, my drivers love it and passengers really appreciate it. It’s a pleasure to work with the CabCard team.”

So welcome to all at Central, it’s great to have you on board!

New appointment at CabCard keen to raise importance of being PCI compliant

James Deville has been named UK Business Development Manager at CabCard Services. CabCard provide a complete Chip & PIN card payment solutions to the taxi trade, equipping drivers with an in-taxi terminal to accept debit and credit card fares.

James brings a decade of private hire industry experience. He commented:

"I am delighted to offer this fully payment card industry compliant product, into a market where passenger demand for paying taxi fares by card is increasing every day - ‘Chip & PIN’ payments are needed for PCI compliance, this is the way today’s taxi industry needs to go."

Whilst the taxi trade may have initially addressed the shift from cash to plastic by taking card payments over the radio or via mobile phone, operations offering such non-compliant card payment methods are falling prey to the increasingly expensive and destructive consequences of not being PCI compliant, including chargeback problems and exposure to the increasing level of fraud in the card market.

Compliance violations with PCI standards are resulting in severe penalties, including substantial fines, higher processing costs for accepting cards, monthly non-compliance fees or termination of card processing facilities all together.

CabCard supports fleets with the very latest payment and monitoring technology – equipping drivers with a secure Chip & PIN mobile card payment terminal that offers an attractive and safe proposition to passengers. CabCard also eliminate the need for fleet operators to have bank-approved merchant status, with its complex application processes and high implementation costs. With CabCard, fleet controllers can rest assured that they are offering passengers a PCI-compliant payment solution without the fear of receiving penalties associated with non-compliance.

Call CabCard today on 0845 491 8410 to make your fleet PCI compliant, or for more information visit our website: paycabs.com