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Best Card Machines for Taxi Drivers (2023)
In today’s fast-paced, cashless society, taxi drivers need to keep up with the times and offer passengers convenient payment options. By investing in a reliable and efficient credit card machine for taxis drivers can significantly improve their customer experience and increase their revenue. In this guide, we will explore the best credit card machines for taxi drivers in 2023.
Since Monday 31st October 2016 London’s famous black cabs must take card payments. This meant customers no longer have to worry about having cash on them as they can pay for their journey with their credit and debit cards. All licensed taxis must now be fitted with a TFL approved card machine. Many Black cabs drivers could accept card payments before this ruling was introduced by London Mayor Sadiq Khan & Transport for London. However – now customers can be sure they can pay conveniently by card. This in turn has led to Black cabs getting more bookings and not losing out on customers who thought they needed cash to pay.
- Taxi drivers that fail to comply will be issued with an unfit notice which will remain in place until the driver is fully compliant and have an approved card machine.
This move came about when 86% of people surveyed in consultation insisted that they would want and prefer to use their credit cards and contactless payment cards in black cab taxis. Black cabs must now all have contactless chip & pin terminals that facilitate the printing of receipts.
After implementation, many minicabs and private hire companies have also started to accept card payments. For many businesses losing customers who are ready to pay because you do not have a card machine takes its toll on both your profit and reputation.
Best Credit Card Machine Providers for London Taxis / Cab Drivers (list is in no particular order)
1. iZettle Reader 2
iZettle Reader 2 is a reliable and fast credit card machine, perfect for taxi drivers who want to process payments quickly and efficiently. The device connects via Bluetooth to a smartphone or tablet and offers contactless, chip and PIN, and magnetic stripe payments. iZettle charges a 1.75% transaction fee with no monthly fees or hidden costs, making it an attractive option for taxi drivers.
- Izettle Black Cab Bundle
- iZettle Card Reader Pro Contactless
- Star SM-L200 Bluetooth Receipt Printer
- Card reader mount
- Power converter and box of 20 receipt rolls
2. Paypal Here
PayPal Here is a trusted and well-known option for taxi drivers, providing an easy-to-use credit card machine that connects to a smartphone or tablet via Bluetooth. The device supports contactless, chip and PIN, and magnetic stripe payments, with transaction fees starting at 2.75% and decreasing based on your monthly sales volume.
- Card reader mount for the passenger compartment
- Bluetooth receipt printer
- Printer mount for driver compartment
- A power converter for printer
- Receipt roll
- Compatible with TX taxi models
3. Worldpay Ingenico Move 5000 is the mobile card machine solution that makes taking debit and credit card payments on the go a simple process. It comes with the following features:
- Accepts All Payment options (swipe, contactless, EMV, Chip & Pin)
- User-friendly and intuitive interface
- Designed for mobility
- Built-in data capture
- Maximized network availability
- Seamless NFC Payment
4. Square Reader
Square Reader is a popular choice for taxi drivers because of its simplicity, affordability, and user-friendly interface. The device connects to a smartphone or tablet via Bluetooth and is compatible with both iOS and Android devices. Square offers a flat fee of 1.75% per transaction for contactless and chip and PIN payments, making it a cost-effective solution for taxi drivers.
5. Sumup Air
SumUp Air is another great option for taxi drivers, offering a compact and sleek design that easily connects to a smartphone or tablet. The device supports contactless, chip and PIN, and magnetic stripe payments. SumUp’s transaction fees are competitive, charging only 1.69% per transaction, with no monthly fees or hidden costs.
6. Clover Go
Clover Go is a versatile credit card machine designed for on-the-go payments, making it ideal for taxi drivers. The device connects to a smartphone or tablet using Bluetooth and supports contactless, chip and PIN, and magnetic stripe payments. Clover Go’s transaction fees start at 2.4% + £0.20 per transaction, with additional discounts available for higher sales volumes.
Recommended TFL Card Reader for Taxi drivers
So there you have it. We have listed our opinion on the best card machine providers for taxis, black cab, minicab drivers to help you get started. Each card machine provider has its advantages and cons.
Investing in the right credit card machine is crucial for taxi drivers looking to increase their revenue and improve customer satisfaction. Square Reader, SumUp Air, iZettle Reader 2, PayPal Here, and Clover Go are all excellent options to consider in 2023. When choosing the best credit card machine for your taxi business, make sure to consider factors like transaction fees, ease of use, and compatibility with your existing devices.
When you get a quote with us we can help you find the best one for you by matching you with the best providers. Simply fill in our quote form and let us do the hard work.