I am in the Credit Card Terminal industry here in Australia. We often get enquiries from taxi drivers regarding mobile eftpos terminals to accept credit cards. The taxi industry is dominated by Cabcharge, who have a terminal in most taxi’s. Each Cabcharge terminal is able to accept both credit and debit cards as well as Cabcharge dockets from companies. The Taxi owner pays around 10% for the service and waits up to a week for their funds. No comment! Unfortunately for taxi drivers the industry has a bad reputation. It has a “High Risk” category attached to it because of the high rate of “charge backs” or customer discrepancies. This means that even if a Taxi driver wanted to get their own terminal and face the wrath of Cabcharge, they would be facing a failed application because the industry is basically now black-listed.