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by couradical
4378 days ago
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The issue with credit card vs cash is actually far more nuanced. For example, in Boston, cab drivers don't get to choose a payment processor, the processor/cab company takes about a 8-12% cut of the total, and it's quite often subject to payment delays of 3-5 days between fare and receipt of funds. Compared to cash, that's a pretty raw deal, and for someone who's shelling out a bunch of money to rent the cab, and run it, can be sometimes the difference between profiting on a fare and not. |
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