If you live in New York City, you’ve undoubtedly been subjected to the horrible in-car infotainment system that displays news, weather, scores, and answers to questions you never had. Square Inc., the San Francisco-based company created by Twitter co-founder Jack Dorsey, has proposed installing tablets complete with the company’s credit-card swipe system into the back of 50 cabs.
Passengers would be able to play games and use pre-installed apps on the iPads as well as check news and all the other info the old systems delivered. They would also be able to pay for their rides using the Square credit card dongle.
Square Inc. was founded in 2010 as a way for people to accept credit card payments on their mobile phones. Once independent merchants sign up for an account with Square Inc, they attach a free dongle to their iOS or Android device which allows buyers to swipe their credit cards.
The new system would reportedly result in lower credit card transaction fees for taxi drivers. Square Inc. is expected to make its formal proposal to the NYC Taxi and Limousine Commission sometime next week.
[via NY1]
