Meru Cabs will enable its customers to pay fares with credit and debit cards under a deal signed with Mumbai-based Axis Bank, according to a spokesperson for the India-based taxi operator.
“The service has already been in force at a limited scale in the city of Bangalore,” the spokesperson says. “We will now expand the service to across our India operations.”
Meru operates about 2,000 radio-dispatched taxis in Mumbai, Delhi, Hyderabad and Bangalore. Meru drivers will accept only MasterCard- and Visa-branded payment cards for now. Consumers can book the taxis over the phone.
“Accepting cards is not mandated in radio taxis in India, unlike abroad,” the spokesperson adds. New York and Chicago are among the major U.S. cities that require cab drivers to accept credit cards for fares. “However, we will launch this service nevertheless as we have seen that consumers often fall short while paying for their fares, making it inconvenient for them as they have to hunt for the nearest ATM.”