Category Archives: Startups & Entrepreneurship

Start-up and Entrepreneurship News

Taxi Payment System

New Taxi Payment Competitor

Taxi Payment SystemAn Aussie Price Comparison Startup HAGOOLE™ Introducing Competition to the Taxi Industry
Summary: The first taxi payment solution that empowers the Taxi Driver to negotiate on the 10% EFTPOS service charge plus it lets consumers run a virtual taxi meter to make sure they are not being ripped off.

ChargeLess™ Taxi Cash Register is a practical and efficient application which details and calculates the TOTAL taxi fare, including all relevant charges associated with a particular fare, such as the many tolls and eftpos service fees. More importantly if you are a taxi driver or operator and combine this application with a standard business (eftpos terminal) it will make you thousands of dollars!!

[box type=”shadow”]Features:

– Easily calculate the total taxi fare, including all tolls, charges and the service fee

– Record values of tolls and charges for future use

– Be transparent before you customer by performing calculations in front of them

– Email or print a detailed Tax Invoice (receipt) generated by the app

– Enter the total taxi fare into your own independent third party eftpos terminal and pocket the majority of the service fee

– Win regular customers by giving them a discount on the service fee charged
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See screenshots of Taxi Payment App Below:

Source: Taxi Payment System

Startups

Finance Industry Transformation

StartupsDigital communications have given birth to a new generation of finance companies (see article). Money-transfer agents such as Xoom have drastically cut the time and costs for migrant workers to send money home. Peer-to-peer lenders are matching savers and borrowers, slashing fees and delivering a better deal to both. New foreign-exchange firms are giving travellers access to the prices quoted on wholesale currency markets. Card companies such as Square and iZettle let anyone from yoga teachers to plumbers accept payments by credit card. Firms such as M-Pesa have given millions of people in developing countries access to mobile money.

Creating a financial-tech company is arduous. Whereas it takes less than a day to register a company in Britain, it takes months or years and can cost millions to get authorised as a bank. The number of new banks started over the past decade can almost be counted on one hand.

Source: Economist