Currently, taxi owners are losing 30–50 percent of their daily takings due to cash leakage, but Waxd’s digital payment system gives them the ability to address this problem, and to track and understand their cash flow.⠀
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By offering cashless biometric payments the taxi industry can gain a competitive edge, as the security that comes with Waxd’s superior fingerprint authentication system increases existing customer trust and attracts new customers. Taxi business owners are also able to collect and analyse data pertaining to the performance of their taxis, and gain the business transparency they may need to apply for credit and other financial services.⠀
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