pay your taxi fare thru your atm
By katrinapaz
@katrinapaz (2436)
Philippines
July 6, 2012 12:47am CST
can you believe it? it is true. Chinabank and some taxis in Davao City are now teaming up to be able to let riders pay through their atm. they have already installed a swipe machine so that an amount will be automatically removed from their card as the fare. that said it will allow for cashless transaction and it will be quick and also no need to count a lot of change. an improvement I guess. what do you think guys?
1 person likes this
13 responses
@katrinapaz (2436)
• Philippines
6 Jul 12
i think this is a really good innovation. imagine if a person has to ride a taxi and all she has is her atm, she would not need to find an atm machine and she would just have to swipe! what a convenience.
@katrinapaz (2436)
• Philippines
6 Jul 12
i do hope so that their security features are strong on that new innovation because crooks have a way to make new crimes again.
@katrinapaz (2436)
• Philippines
12 Jul 12
i envy you because you already tried paying the taxi with the swipe of a card. I hope that it also comes here in Cebu so that I can try too. but then I dont ride taxis much except when I am really in a hurry
@katrinapaz (2436)
• Philippines
20 Jul 12
i do hope so too that this will be installed everywhere and if we forget to withdraw money then we do not need to worry
@asdomencil (4265)
• Philippines
6 Jul 12
I think the idea is good. It makes the passenger more secure about his money. Also, you will not be worried that you don't have any many when riding a taxi. This will also make your payment exact and the driver will not worried about the change.
@asdomencil (4265)
• Philippines
10 Jul 12
I hope this will already imposed here in the metro. This wil enable you to a cashless travel, just with your ATM.
@katrinapaz (2436)
• Philippines
10 Jul 12
yes I do hope so. maybe if they see the success of this kind of taxi in Davao other taxi operators will follow and put it here in the Metro.
@katrinapaz (2436)
• Philippines
10 Jul 12
yes, this innovation has truly a lot of advantages rather than going to the atm first before getting a taxi. this saves passengers a lot of time and money. I do hope that this technology will also be available in major cities so that we can try it out too
@Professor2010 (20162)
• India
20 Jul 12
Nice information, transaction via atm is convenient and safe, here in india most shops in malls, restaurants have this facility..
Prof.Bhuwan. Thanks for sharing
@katrinapaz (2436)
• Philippines
26 Jul 12
you are welcome professor. it is a very new technology here in our country and I am hoping that it will be here in our city too soon.it is very convenient and safe for the consumers also.
@SIMPLYD (90722)
• Philippines
8 Jul 12
Wow! Even taxis will accept swiping of ATM cards already.
With this , it will now be easier to pay , than paying with the driver having no change to give to your big denomination of cash.
@katrinapaz (2436)
• Philippines
10 Jul 12
exactly simplyd. it is now easier to pay and those drivers cannot anymore make an excuse that they dont have change because we can get the exact amount typed on the charge slip. a very good and amazing news indeed!
@leon3000502000 (1564)
• Philippines
7 Jul 12
this is not new. well this is great because it is more safe for the traveler.
@leon3000502000 (1564)
• Philippines
10 Jul 12
great. that would be great because taxis can't ask for more. like taxis in airport ask an excess amount from the passenger.
@katrinapaz (2436)
• Philippines
12 Jul 12
yes they wont take advantage anymore of the rider and get all the money that they want because the exact amount can be inputted. so happy with this innovation!
@katrinapaz (2436)
• Philippines
10 Jul 12
yes this is not new because other countries already have this technology but then it is the first of its kind here in the Philippines so pretty much the people are excited about it. I also agree that it is safe for the traveler.
1 person likes this
@chiyosan (30184)
• Philippines
6 Jul 12
Oh i think the idea is wonderful especially if what they are looking into is to pay taxi through debited amount from atm cards. this i think can have a lot of concerns as to how the taxi drivers should be able to operate the machines, and so on. Well it is a good idea if they can assure the riding public of its safety and no debit cards will ever be corrupted or exposed to people who may copy the identity of the card owner...
@katrinapaz (2436)
• Philippines
6 Jul 12
im kind of sure that the crooks will find a way to scam again using those atm but I do hope that they will not succeed. I just hope the put full security proof on this new innovation
@rsa101 (38126)
• Philippines
7 Jul 12
That is a cool innovation since one is not needed to bring their cash to be able to ride a taxi. I hope that it could be implemented here in Manila as well since there are lots of commuters of taxi here. I also think that other banks follow suit as well.
@katrinapaz (2436)
• Philippines
10 Jul 12
yes i do think this is a cue to other banks to initiate too because I know that this will be the next best thing. we dont have to bring a lot of money that will not also entice the robbers to us and still be able to shop and pay our fare when we go to places.
@katrinapaz (2436)
• Philippines
10 Jul 12
yes you are correct, overcharging will be lessened and the exact amount will be deducted since the taxi driver will be paid thru the card. I hope so that this technology will come to major cities to because I would want to try it out
@laydee (12798)
• Philippines
6 Jul 12
I think it's great that they're doing that now. I guess there would be lesser crimes in line with hold-ups for cab drivers because of that. I mean, what will the robbers ask for - the Debit Card Machine? hehehehe..
I think they're doing it all right! Have a great MyLot experience ahead!
@katrinapaz (2436)
• Philippines
10 Jul 12
yes, my reaction to this is that it is awesome to go cashless in the street and pay thru atm or credit card, i hope that it will also be applicable to taxis on other cities but then we never know because technology is so fast these days.
@tess_quinain (1149)
• Philippines
6 Jul 12
It's good! And I guess we are late of having that. Some other countries have that already. Whoa..everything has changed a lot. I hope we will have that soon. :)
@katrinapaz (2436)
• Philippines
6 Jul 12
I hope so too that this innovation can also be in other parts and major cities in the country. I would like to try but I hope they have strong security on this.
@jaiho2009 (39141)
• Philippines
6 Jul 12
This is nice, we don't need to carry money all the time.
One more thing, those taxi drivers won't have any reason that they don't have change.
but, is there a way we can deduct peso using ATM card?
@katrinapaz (2436)
• Philippines
10 Jul 12
yes it is nice and amazing. the drivers wont overcharge anymore especially those whose alibi is always having no change. I think that passengers have to swipe their card and to input their pin so that the peso can be deducted on their atm.
@sel123 (14)
• Philippines
7 Jul 12
that's great. we are getting high tech now even though the economic here is not so good but at least we are not behind in new technology. it will help us for fast transaction specially to those passengers who in a hurry. all you need to do is to swipe and done. just wanna ask if it is only available in Davao? how about in other parts of the Phiippines?
@katrinapaz (2436)
• Philippines
10 Jul 12
right now the technology is only in Davao. they are the first city to have a taxi operator adapt the technology and they hope that the tourist in Davao will be increased because of the comfort the technology brings. I do hope so that other cities will have this kind too soon
